|Taxes and Hazard Insurance: |
Based on the month you close, property taxes will be prorated between you and the seller. You may also be required to pay a full year’s hazard insurance (or homeowner’s insurance) premium in advance. In addition, you may also be required to place funds into a special reserve account (impound account) for taxes and insurance, which is held by the lender. You absolutely must have this to obtain a mortgage.
More Buyer Information
|Purchase Offers: How quickly must I act? |
Usually time is of the essence in negotiating an offer. There are often strict deadlines, which must be met. I will stay in constant communication with you during the entire transaction process.
More Seller Information
|Are you a buyer looking for up-to-the-minute property listings by email or a seller who is interested in understanding the value of their home? Registering for Listing Notification is fast and free. |
Once you sign up, you will receive access to complete property listing information and a host of valuable tools to assist you in the process of buying or selling a home. Get started - Register today!