What is a purchase contract in real estate transactions?

Is escrow required for a mortgage? Understand when escrow accounts are optional, how they work, & why choosing one could help you secure a better mortgage rate. Read more

What does a down payment mean in real estate? Understand how this cost shapes a loan, PMI, and monthly payments, and see how loan programs impact requirements. Read more

Learn the key difference between lender’s and owner’s title insurance. Read more