What Is The Difference Between a Title Theory and a Lien Theory State?
Often a buyer wonders if he is buying property in a state which is considered a “title theory…
When Is Escrow Considered Open?
When you give your deposit to the real estate agent and the signed sales agreement has been signed…
Do I Get Title Insurance on a Condominium?
In a condominium, you technically do not own “land” but rather you own the “air space” inside the…
What Is The Difference Between A Mortgage And A Deed of Trust?
When a borrower signs a promissory note, he is agreeing to pay the lender a specific amount of…
The Final Walk Thru Inspection
Who is going to remove the boat? Before the closing takes place, it is customary that the buyer…
Can Unmarried Persons Hold Title As Joint Tenants?
Many times two or more owners want to hold title to a property and they want the “right…
E-Loans and E-Escrows
You may have noticed that loan and escrow services are now being offered over the internet. Can these…
Will My Loan Have A Prepayment Penalty?
Prepayment penalties are those charges which a lender imposes if you wish to pay off your loan early….
Is Title Insurance Required by Law?
Title insurance is not required by law, however almost all lenders will require a lender’s title insurance policy…
How Do I Prepare For Closing?
Prior to the actual closing day, there are several things you should do to be certain that your…
What Is The Lis Pendens That I Found In The Preliminary Title Report?
A lis pendens literally means that litigation is pending. It tells the public that a lawsuit affecting the…
Must I Record My Deed?
Your deed is considered complete once it has been signed, sealed and delivered. Recording the deed is not…
Personal vs. Real Property: Can I Take The Chandelier?
Whether a seller is allowed to remove the chandelier when he sells his house or whether it must…
Can I Object To A Proposed Zoning Change or Variance Request?
If you receive a notice that a neighbor or some property owner nearby to you proposes to build…
When Can We Move In?
Many buyers wonder when they actually can move into their new home. They wonder when possession actually takes…
Ending a Co-Ownership With a Quitclaim Deed
When two or more co-owners want to end their ownership rights in a piece of property, this type…
Exceptions To Coverage In Your Title Insurance Policy
Your title insurance policy will list certain exceptions that will be excluded from coverage. This is a standard…
Proration of Rents in Escrow
You may be wondering what happens with the rental income and security deposits on a rental property that…