What Is Escrow?

When it comes to where mortgages are concerned, “escrow” and “escrow accounts” refer to two slightly different concepts. Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property “in escrow” until the two sides agree that all the conditions are met for a sale to close. By contrast,…

5 Financing Essentials for Buying Property at a Real Estate Auction

Pandemic-related mortgage bailouts are ending, and foreclosures are now rising. Foreclosure stats jumped 32% in the third quarter of this year from the second quarter and were 67% higher than the third quarter of 2020. With foreclosures flooding the market, it’s “standing room only” at real estate auction sales these days. Those properties are selling…

Signing an insurance policy

Why You Need Homeowners Insurance: Protecting Your Biggest Investment

Buying a home is one of the largest investments most people will make in their lifetime. After all the excitement of finding the perfect place, negotiating the price, and closing the deal, protecting that investment becomes a top priority. That’s where homeowners insurance comes into play. While it may seem like an additional cost, homeowners…

Top 5 Reasons to Move to Panama City Beach, Florida

Top 5 Reasons to Move to Panama City Beach, Florida Moving to Panama City Beach, Florida, offers a range of benefits that might suit different lifestyles and preferences. Here are five reasons why someone might consider making the move: Beach Lifestyle: Panama City Beach boasts stunning white sandy beaches and clear blue waters, making it…