What Is a Due-on-Sale Clause?
by Lightspeed Escrow | Sep 12 2022 | Real-Estate-Deals
A due-on-sale clause protects the lender if the homeowner tries to sell their property to another party without the lender’s consent. Learn more about it here.
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How Does Preliminary Title Report Work?
by Lightspeed Escrow | Sep 7 2022 | Real-Estate-Deals
If you’re about to buy a property, know that a preliminary title report is one of the most critical pieces of documentation involved in the sale of a home.
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What Is a Deed of Reconveyance and Why Is It Important?
by Lightspeed Escrow | Sep 6 2022 | Real-Estate-Deals
If you are done with mortgage payments, your lender has to send you a deed of reconveyance. Read this article to find out more about this legal-binding document.
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Buying a Property from a Foreigner: What Is FIRPTA?
by Lightspeed Escrow | Aug 23 2022 | Real-Estate-Deals
Knowing about FIRPTA comes in handy when buying a property from a foreigner or when a non-US citizen wants to buy, sell, or invest in the US real estate market.
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What Is a Closing Disclosure and What Does It Contain?
by Unival Logistics | Aug 23 2022 | Real-Estate-Deals
Closing disclosure is an important document that captures all your financial obligations to your mortgage lender. Read more about disclosures in this article.
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Earnest Money Definition: What It Is & How It Works
by Lightspeed Escrow | Aug 15 2022 | Real-Estate-Deals
Tune in as we break down the earnest money definition and explain how the “good faith deposit” safeguards both parties during a property purchase.
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Comprehensive Guide Through an Escrow Analysis Statement
by Lightspeed Escrow | Aug 8 2022 | Real-Estate-Deals
An escrow account is a valuable tool for managing finances, and an escrow analysis reviews those finances. Read more about it and an escrow statement in this article.
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What Is a Grant Deed and How Does It Work?
by Lightspeed Escrow | Aug 3 2022 | Real-Estate-Deals
A grant deed offers unique benefits and protections to real property buyers. Learn more about this type of deed to decide whether it’s the right option for you.
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Purchasing Contract: What Does Contingent Mean in Real Estate?
by Lightspeed Escrow | Jul 31 2022 | Real-Estate-Deals
What does contingent mean in real estate? Pending Vs. Contingent? There are many complicated terms when it comes to real estate, and we are here to help you figure it out.
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