by Jennifer Ferri | May 14, 2014 | Buying, Closing Documents
How you hold title to real estate affects how you can use the property and how you can distribute it upon your death. The differences are subtle but important. Full service title agencies, like Title Junction, can provide valuable insights about these differences as...
by Jennifer Ferri | Apr 29, 2014 | Buying, For Sale By Owner (FSBO), Selling
At Title Junction, we meet with many clients and handle numerous real estate closings every year. Some of our clients are veteran homebuyers and others are going through their first property purchase. Homebuyers and sellers alike sometimes wonder what the role of...
by Jennifer Ferri | Apr 4, 2014 | Title and Closing
Like the video says – real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one agent represents the sellers and another represents the buyers the commission is typically...
by Jennifer Ferri | Apr 4, 2014 | Mortgages
The Prime Lending Rate – sometimes just called “Prime” – is the interest rate that banks charge each other for overnight loans. Some consumer rates – like ARMs – are set in relation to Prime. In the US, Prime is affected by the Federal...
by Jennifer Ferri | Apr 3, 2014 | Title and Closing
Purchasing a home is exciting. Once escrow begins, the excitement can change to frustration, particularly if you are not ready for the closing costs that quickly accumulate. Closing costs simply refer to the fees associated with various things associated with...
