Category

Closing an Escrow (With Financing)

You’ve completed your inspection, and given your notice to move, what happens next? Towards the last week of escrow, your lender will go to final underwriting. This, typically 72 hour process, culminates in the lender printing loan documents an...

Recourse Change in Owner Occupied Homes: SB 1069 Explained

In California, the original first loan you get on an owner-occupied residence, is by law, non-recourse. Recourse is the ability of the lender to pursue you for the full balance of the loan, should you default. In fact, the United States is among the ...

MLS Status – What Does it Mean?

The MLS use several statuses to indicate the availability of properties. I wanted to clarify a few of them: Looking For Backup – This MLS status potentially indicates that the seller is actively looking for a back up offer – perhaps the c...

Benefits of Title Insurance Q&A

Q. What is title insurance? A. A title insurance policy protects your legal rights over the property, occupancy, use, control, and disposition of the property. Q. Why is it different to transfer title to property than to transfer different kinds of i...

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