The language of escrow and the real estate transaction doesn't need to be a stumbling block; once you know the terms, these words become what they are meant to be - valuable tools to help smooth the road to a successful transaction.
Contingency
This is a clause...
On July 26, 2016, the Financial Crimes Enforcement Network ("FinCEN"), a bureau of the United States Department of Treasury, issued a Geographical Targeting Order ("GTO") requiring title insurers, their subsidiaries and agents, to report certain information in connection with the purchase of 1-4 unit residential...
When dealing with as many people as a real estate agent does throughout the normal, daily routine, keeping track of names, faces, numbers and affiliations can be a challenge. A good real estate agent works with many personalities throughout the day, and in order to...
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Escrow,
Escrow 101
by cvescrow
Understanding contingencies is important when you are considering making an offer on a property. A contingency is a condition in the Purchase Agreement that allows the buyer(s) to remove themselves from the contract with their deposit refunded if certain conditions are not met after their...
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CFPB,
Escrow
by cvescrow
We did an analysis of what effect the #TRID implementation had on the median days to close for all closings before the 10/3/2015 implementation of TRID and all closings under the new rule which were opened after 10/3/2015.
Here’s the data for Refis (R) and Resales (S).
We have...
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Company News
by cvescrow
We are excited to announce our new partnership with Giveback Homes. Giveback Homes was founded with the goal of bringing a new giving model to the world of real estate. Founded by former employees of Toms, Giveback Homes saw an opportunity to infuse social responsibility into...