When you enter into escrow, there are many companies and individuals that will start working for your benefit. Let’s dive into this and find out who the Players are! On the Real Estate side:  Listing Agent, that agent represents the seller.  Buyer’s Agent, that represents the buyer.  You could have one that represents both, that is called a DUAL agent.  Outside of the Agents, we have: Escrow and Escrow Officer. This is a third neutral person that is supposed to follow your Re

Contract Deadlines Yes, we have contract deadlines. The entire Purchase Agreement is based on someone's promise to do something at a given point. Side Note; Make sure to ask your Realtor or Escrow Officer for a Copy of the Contract Deadlines! So, let’s get into it, Deadlines to Keep an Eye out for: Deposit of your Earnest Money Deposit Inspections - Such as HVAC, Pool, Etc Property Investigations - Any Investigations you would like done to be at ease. Review of Disclosures -

What is Escrow Impounds? This is NOT to be confused with the Escrow process. Your servicer, the company that collects your monthly mortgage payment, calls it, "Escrow Account or Impounds”. Part of your agreement when you signed the loan documents, that your servicer was going to collect with your monthly mortgage payment which included your Hazard Insurance, Property Taxes and Mortgage Insurance. Your servicer collects this in advance and when they get the annual invoice, the

I have many clients that ask me all the time, "Robert are prices adjusting a bit, are prices coming down a bit?" and the answer is Yes ; it just depends on the area and the property itself. In certain areas the Supply and Demand, or inventory, where the seller gets what they want and the buyer gets what they want, is normally about six months. In those areas you have buyers adjusting a bit on the price and you have sellers accepting that because they see the inventory in cer