What Does Homeowners Insurance Cover?

what does homeowners insurance cover

As a new homeowner, you may wonder exactly what does homeowners insurance cover and why do you need it. Your home is one of the largest investments[…]

What Is a Jumbo Loan?

jumbo loan

A jumbo loan is a mortgage for homes that exceed conventional conforming loan limits. For 2022, the conforming loan limit is $647,200 in most parts of[…]

What Is a Closing Disclosure?

closing dislcosure

At least three business days prior to closing on a home mortgage, buyers will receive a closing disclosure. This important document summarizes all of[…]

What Is an Escrow Holdback?

escrow holdback

An escrow holdback allows a real estate transaction to close even if repairs or renovations are incomplete. At closing, a portion of the[…]

What is a Title Insurance Policy?

title insurance policy

As a homebuyer, you get the deed upon closing, but your ownership rights may not be watertight without the protection of a title insurance policy.[…]

How Closing on a House Works

closing on a house

Closing on a house is the final phase of the homebuying process. If you’re approaching closing day, congratulations; you’re close to owning a[…]