Escrow Accounts

April 5, 2019

US Economic Report and Soaring Home Prices

US Economic Report

Median Home Prices

Median list prices are at a high for the first time in March at $300,000 according to a realtor.com report. According to Realtor, there are 1,349,597 active listings currently on the market with a 4% increase year over year.  ...

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May 15, 2018

Rent or Buy!! Who is Right?

 

Rent vs Buy

 

This is a discussion that has and will continue to be a debate in households across the country. Depending on who you talk to you should wait and save your 20% down payment. Most mortgage companies will offer approx 3.5% as a down payment, but you will ...

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April 11, 2016

What Happens When You Buy a Home

What Exactly Happens When You Buy a Home?

 

As an educated buyer, you have been searching for months to find that perfect home that covers all the checklists.  After a few months of learning, scouring, and negotiating the market, you finally have an accepted offer and are ready ...

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Sept. 10, 2015

Always A Great Investment, 143 Darlington Bel Air, Maryland

Unbelievable Agent Brings an Unbelievable Deal, Again!

James Clark, a 6 month rookie in the real estate business. Is he really a rookie? His closing of 5 deals suggest he might not be a rookie. Already James has closed deals in Howard County, Harford County, Baltimore County, Howard County, and ...

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Sept. 7, 2015

Real Estate Scams

When buying or selling real estate, you should know what to avoid. There are many scams in this industry just like all others, but one thing is for certain real estate scams cost big bucks and big time. Basic knowledge is the key to protecting your self, family, and finances.

The ...

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Sept. 5, 2015

Documentation To Purchase a Home In Ellicott City

If you find the luxury home of your dreams, a great investment property, or any real estate in Ellicott City, Howard County Maryland and you want to purchase that home in Ellicott City, Howard County Maryland your real estate broker will need to put together the following documents to make ...

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July 20, 2012

What Is Escrow

Have you ever placed a wager with a friend, chances are you may have placed your money with a third party until the wager unfolds. When you make an offer on a property and its accepted your next step will be to make an escrow deposit usually 1% of the ...

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Aug. 22, 2011

The Escrow Need To Know

Now most if not all of us have made some sort of bet with a friend before. You may have asked a third party to hold the cash until the deal was decided and done. By taking out a mortgage to purchase a home your doing something very similar by ...

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Posted in Escrow Accounts