Escrow accounts are typically handled by a neutral third-party provider. These providers are often banks whose only interest in the transaction of residential real estate is to ensure materials, funds and other important documents are properly handled and distributed to the appropriate parties. These institutions typically carry coverage, and if you’re already familiar with or bank with these...

Image by PublicDomainPictures from Pixabay The real estate world can be difficult to navigate unless you know the language. There is so much jargon and specific terminology that somebody without years of experience can get overwhelmed. If you’re buying or selling a house for the first time, you’ll be learning a lot of these terms as part of...