What’s The Purpose of an Escrow for Mortgage Payments?

Escrows are often used in conjunction with home mortgages for convenience and liability purposes. Unfortunately, many people are confused regarding the actual purpose of mortgage escrows and how they work. Being forced to bundle multiple payments together adds even greater confusion to the already complicated process of closing on a home. For a better understanding of mortgage escrows, keep reading. (more…)

Choosing a Notary to Facilitate a Loan Signing

Closing on a new home is a hectic, stressful process for everyone involved. When a buyer sits down to finalize the purchase of a home, he or she must go through and sign dozens of documents, some of which may require notarization from a commissioned notary public. If the notary public makes a mistake, it could result in the purchase being delayed. (more…)