January 22, 2009
If you are fortunate enough to be able to refinance your mortgage loan into a lower interest rate, you should know how your escrow account with the new and current lender will be handled. The mechanics of escrow accounts are complicated, and many borrowers want to know: What is escrow, and where does the money [...]
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December 4, 2008
When buying a property that is part of a larger tract and where the parcels have not been separately assessed, buyers (and their representatives) should pay close attention to the taxes being reimbursed to the seller on the HUD-1 Settlement Statement. We are also seeing more transactions where a single family residence is located on [...]
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