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In an effort to find solutions for my Buyers, I took the time to interview Dean Wong at First Capital Mortgage. I have known Dean for 5 years and have worked with him on many transactions.
TOM:First of all Dean, thank you for taking time to chat with me. My readers really appreciate any clarity you can provide in these changing times.
DEAN:It ...
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Sales of existing homes increased in February and remain within a fairly stable range, according to the National Association of Realtors®. Existing-home sales - including single-family, townhomes, condominiums and co-ops - rose 2.9 percent to a seasonally adjusted annual rate (1) of 5.03 million units in February from a pace of 4.89 million in ...
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An escrow is an arrangement in which a disinterested third party, called an escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer's and seller's instructions. People buying and selling real estate often open an escrow for their protection and convenience. The buyer can ...
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