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defects : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "defects"

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What’s A Real Estate “Walk-Through?”

When you purchase an existing home you enter into a sale agreement at one point but only close on the sale some weeks later. To assure that the property is in substantially the same condition as when the sale agreement was signed, a buyer will “walk through” the property just before closing. If you are [...]

30Aug2008 | | 0 comments | Continued
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What is title insurance?

Every property has a history of ownership outlined among local public records. When a property is sold, this history is reviewed to assure that the current seller has title and the right to sell the property. The catch is that property records may not record all possible title defects or claims. For instance, a prior [...]

26Aug2008 | | 0 comments | Continued