Home buying refers to the legal process of purchasing a house or other residential property, including making an offer, signing a purchase contract, arranging financing, and completing the closing. It often involves title searches, inspections, disclosures, and transferring ownership through a deed.
Escrow is a financial arrangement where a neutral third party holds funds or property until the contract’s conditions are met. It reduces risk for both sides by ensuring payment and transfer happen only when agreed terms are satisfied. This article explains how escrow works, who’s involved, and common escrow accounts in transactions. Understanding Escrow: A
A deed is a written legal document that transfers real estate ownership from a grantor to a grantee, usually signed and notarized. Once delivered and typically recorded with the county, it provides public proof of who owns the property. This article explains how deeds work, what they include, and common deed types. A deed is
