Both home buyers and sellers need to know how the escrow process works. Rebecca Celli, Realtor outlines the escrow holder’s duties, escrow’s time frame, how long it lasts and what information you need to provide in order to have your luxury home under escrow.
There are certain aspects you can expect with a typical home sale. While local real estate practices may vary, CGFP provides the basic activities that occur during the transaction, from sellers receiving an offer to closing escrow on your luxury home.
Your should take an active role in closing the deal on your luxury home. As your partner every step of the way, CGFP recommends you stay on top of your responsibilities and take reasonable care, along with your agent, to stay protected during the escrow process.
Become more informed on the basics. Need to understand what expected disclosure rate really is? Rebecca Celli, Realtor explains the ins-and-outs of this additional rate fee.
Closing costs are inevitable. From appraisal fees to miscellaneous title fees, CGFP goes in-depth and defines over 30 of the common closing costs that you may incur.
“Who pays what?” While answers may vary, let Rebecca Celli, Realtor show you the comparison between what sellers and what luxury home buyers pay to get a well-rounded perspective.
In an overview from January to December, CGFP shows how the month you close on a property determines the number of prepaid taxes you are required to pay at the time of closing.