Tag: Escrow Process

2019 September 27

Real Estate Closing Wire Fraud: Scary Truths, Statistics, and Preventative Measures

New Venture Escrow prevent online wire fraud

    You’re finally closing on your dream home and money is ready to change hands.  The wire transfer will concern a large sum of money, and scammers are salivating at the thought of getting their hands on it.  This results? Too often, home buyers fall into dreaded (and sometimes elaborate) phishing scams, and real

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2019 August 23

12 Surprisingly Common Title Problems That Could Happen to You

12 common title problems that could happen to you new venture escrow blog

What could possibly go wrong?  Well, quite frankly – a lot. There are numerous title problems that can arise when closing on a home. By securing title insurance, you are taking the first step to cover yourself in the event of a title mishap. Go into the closing stage of home buying armed with everything

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2019 August 15

Home Closing Process for Sellers in California: What are the Costs?

Home Closing Costs for Sellers in California Explained

Attention all California home sellers – we’re here to help you quickly and painlessly understand how the home closing process works in California and what costs you should expect to incur. In this article, we’ll cover the following questions: How does closing on a house work? How much are closing costs? Who pays for closing

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2019 March 14

Pros and Cons of Selling Your Home on Your Own

For Sale By Onwer

FSBO (pronounced fizzbo) is real estate lingo for For Sale by Owner, and it’s a term that you’ve probably heard before. Most people who seek to sell their home without a real estate agent do so because they want to save on 6-7% of the closing sale, which is usually the amount divided equally between

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2018 May 3

The Escrow Process Defined

escrow-defined

What is Escrow? Escrow is an essential part of selling and buying a house. In escrow, an independent and neutral third-party handles and coordinates all of the funds, documents and instructions involved in the real estate transaction. The escrow agent (or escrow holder) makes sure that no funds are dispersed until all conditions of the

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