What does turn-key mean?
What does turn-key mean? – David Reecher Turn-key is a term used by real estate agents to indicate that a home is move-in ready. This means that all appliances are in working condition and there... Read More
What is the Truth-in-Lending Act?
What is the Truth-in-Lending Act? – David Reecher The Truth-in-Lending Act is a set of U.S. government guidelines for lending practices to ensure that borrowers receive information about th... Read More
What is a transaction broker?
What is a transaction broker? – David Reecher A transaction broker does not represent the buyer or seller, but instead acts as a neutral resource to help both parties complete a home sale. For e... Read More
What is a townhouse?
What is a townhouse? – David Reecher A townhouse is a type of home that’s usually constructed as a two- or three-story unit with a common wall or walls bordering the adjacent unit. The com... Read More
What is a title search in real estate?
What is a title search in real estate? – David Reecher A title search is an examination of public records by a title company, lawyer, or escrow agent to determine the history of owners... Read More
What is a townhouse?
What is a townhouse? – David Reecher A townhouse is a type of home that’s usually constructed as a two- or three-story unit with a common wall or walls bordering the adjacent unit. The com... Read More
What is title insurance?
What is title insurance? – David Reecher Title insurance compensates the insured buyer or lender if title defects, liens, or competing claims of ownership on a property arise after closing.... Read More
What is title in real estate?
What is title in real estate? -David Reecher Title is the right to, or ownership of, a specific real estate property. Buyers get a preliminary title report from an escrow agent or attorney within a we... Read More