In every purchase/sale of Real Estate, the buyer is granted title to the property from the seller through the delivery of a Deed. The escrow company/title company or an attorney prepares this Deed, and the Deed shows the seller, currently vested on title, is granting...
In these tough economic times, many homes have been languishing on the market, making it difficult for Sellers to move on to other homes and locations. In order to make a sale, a Seller can offer to do a “carryback”. A carryback loan, also known...
Real estate transactions, and the escrow processes that make then happen, sometimes have a level of industry jargon that can be confusing or intimidating to buyers and sellers who aren't familiar with the meaning behind the words. This is the first in a series of definitional...