When it comes to saving money to buy or refinance a home, you’ve probably been pretty focused on the down payment. But you’ll also need to plan for closing costs, which are due when your loan closes. Understanding what closing costs are, how much they’ll run on average, and what’s included can help eliminate…
The escrow process can seem daunting and hard which is why we’ve put together a list of 10 steps to get you prepared for opening escrow! Opening Escrow & Title: Once you select an escrow company, opening escrow is relatively fast and easy. To open escrow you simply send the purchase agreement to the escrow…
How to Choose an Escrow Company Whether you’re about to embark on your first real estate transaction or your hundredth, it’s so important to find the right escrow company. You may feel rather lost about how to choose an escrow company – but don’t worry – it’s not that hard as long as you consider…
What is Escrow? Escrow is the process by which the interests of all parties in a real estate transaction are protected, ensuring that all conditions of the sale have been met before property and money change hands. Escrow is an independent depository wherein all funds, instructions, and documents for the purchase of your home are…
If your soon-to-be home takes a hit during this in-between stage, be sure you know who is responsible for repairs. Occasionally, a home that’s under contract will be damaged by fire, natural disaster, or some other issue. Significant damage can derail a real estate purchase and add a remarkable amount of stress for both buyer and seller.…
While Riverside County homebuying is almost back to 2019 levels, prices near the bubble-era high set 13 years ago. DQNews reports Riverside County’s closed purchases for July show … • 4,054 homes sold, existing and new — down 0.4% in a year. Year to date, 21,641 purchases were completed, down 9.9% vs. 2019. • $430,000…
Parkfield Escrow is an independent escrow company specializing in the real estate industry with years of experience leaving clients satisfied. Parkfield Escrow is based in Rancho Cucamonga and each member of their team is dedicated to ensuring every escrow transaction is processed perfectly. Parkfield Escrow’s goal is to leave clients 100% confident that they’ve made…
The escrow process, which is also known as closing or settlement, is the endgame of the home-buying process. It is when the buyer, seller, and other necessary parties get together to seal the deal. While your real estate agent and lender may assist you during the process, you should prepare yourself by knowing what to…