real estate terms: Escrow - Real Estate Terms you should Know
- 03/08/16 04:37 AM
Escrow - Real Estate Terms you should Know If you're considering buying a home or selling a home, you probably have heard of the term escrow. So what really is escrow and do I need it? If this is your first home some of the terms of a residential real estate transaction can see very confusing. At times, you will be relying on blind faith from your Real Estate agent, attorney or title closer to make the best decision for your real estate transaction. Digging into some of the frequently used Real Estate terms will help you understand your choice, get a (0 comments)
So you have made the decision that now is the right time to buy a home. As you're searching through listings you find the perfect home, but it says "contingent on Inspection," it may seem confusing.... can I buy the home or not? Contingent on the inspection means that an offer has been presented to the seller(s) for review. The seller has accepted the buyer's offer with contingencies. Although there are usually a few contingencies that go with every offer, we'll focus on the (2 comments)