Closing Costs When Buying or Refinancing a Home This is a detailed summary of costs you may have to pay when you buy or refinance your home. They are listed in the order that they should appear on a Good Faith Estimat...
The Biweekly Mortgage – Who Needs It? Have you received an advertisement offering to save you thousands of dollars on your thirty-year mortgage and cut years off your payments? With email “spam” beco...
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Mortgage Info
Documenting Your Assets – Verifying Your Down Payment When buying a home, it is not enough to just “come up” with the money. With the exception of “no asset verification” loans, lenders w...
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Mortgage Info
Your Savings and Down Payment Your First Step Toward Buying a Home When preparing to buy a home, the first thing many Homebuyers do is look at “homes for sale” ads in newspapers, magazines and listings on ...
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Mortgage Info
Creative financing Creative financing: You’ve heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becom...
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Seattle Title & Escrow
Title Insurance When Refinancing Your Loan Lower interest rates have motivated you to refinance your home loan. The lower rate may save you a tremendous amount of money over the life of the loan, but you should also e...
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Seattle Title & Escrow
Title Insurance Requirements for Insuring Trusts In today’s world of busy probate courts and exorbitant death taxes, the living trust has become a common manner of holding title to real property. The following m...
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Seattle Title & Escrow
Statements of Information What’s in a name? When a title company seeks to uncover matters affecting title to real property, the answer is, “Quite a bit.” Statements of Information provide title compa...
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Seattle Title & Escrow
Required Reporting to the I.R.S. Sellers of real property will have certain information regarding the sale reported to the Internal Revenue Service. This required reporting is a consequence of the Tax Reform Act of 19...
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Seattle Title & Escrow
Understanding Preliminary Reports After months of searching, you’ve finally found it — your perfect dream home. But is it perfect? Will you be purchasing more than just a beautiful home? Will you also be a...
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Seattle Title & Escrow
