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

All Posts Tagged With: "performance"

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What Is “Buyer’s Remorse” in Real Estate?

Question: Some people get the flu but I think I’ve got buyer’s remorse. We bought a home and now seem uncertain if it’s right for us. Can we get out of the contract? Answer: It’s entirely common to feel uneasy after making a real estate purchase. Buying a property is a major decision. Not only [...]

3Sep2008 | | 0 comments | Continued
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Why Do Real Estate Brokers Have Escrow Accounts?

In terms of a real estate sales agreement, an “escrow” or trust account is typically an account operated by a real estate broker which is used to hold buyer deposits until closing. Example: Buyer Smith makes an offer to purchase a home. With the offer is a $10,000 deposit. That deposit is held by Broker [...]

29Aug2008 | | 0 comments | Continued