Five tips to accelerate the closing of your mortgage refinance
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Tag: deeded
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What is a trust agreement in Real Estate?
In most cases, the beneficial and legal owners of a property are one and the same, but they can be separate individuals through a “trust agreement”. Simply put, a trust agreement is a legal tool to separate the legal and beneficial owners of the property. What are “legal owners”? The legal owners are the persons… Continue reading What is a trust agreement in Real Estate?
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Title Search – What is it and Why Do You Need It.
Before we explain what a title search is, it is important to understand what title means. Title is a legal term that means registered owner of a property. Records associated with the title of a particular property are usually kept in a land registry office, which is responsible for record keeping. These records include deeds, court records,… Continue reading Title Search – What is it and Why Do You Need It.
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7 Questions to Ask a Real Estate Lawyer When Buying
If you just firmed up your purchase or sale (Congrats!), you’ll likely need to choose a Real Estate lawyer to facilitate your closing. No matter which lawyer you choose, asking the right having the questions to ask a real estate lawyer before deciding who is going to handle your transaction can make, or break, the entire… Continue reading 7 Questions to Ask a Real Estate Lawyer When Buying
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Mortgage Refinancing – What is it and What’s The Process?
Mortgage refinancing is the process of paying off an existing loan and replacing it with a new loan with different terms than your original mortgage. There are many reasons why home owners choose to refinance a mortgage. The most popular reasons being converting from a variable rate mortgage to a fixed rate one (or vice-versa… Continue reading Mortgage Refinancing – What is it and What’s The Process?
