Tag: Earnest Money

Real Estate Terminology for Home Buyers. If you’re just getting into the home buying process, you’re going to run into a whole vocabulary

Real Estate Terminology for Home Buyers

Real Estate Terminology for Home Buyers. If you’re just getting into the home buying process, you’re going to run into a whole vocabulary full of new words, here are a few to help you feel less lost as you begin. Appraisal: Before buying, your lender needs an appraisal of your chosen home to establish its […]
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If you’re starting the home buying process, you’ve heard the term “escrow”. What is that exactly, and how does it apply to buying a home?

What is Escrow?

If you’re starting the home buying process, you’ve heard the term “escrow”. What is that exactly, and how does it apply to buying a home? Escrow refers to an account where money is held by a third party until a certain condition of a situation has been met, then the funds are released to the […]
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