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REO

When the economy experiences a downturn, homeowners may face various predicaments that require them to turn their property over to the lending institution due to the inability to meet mortgage payments. This results in an inventory of properties that financial institutions aim to unload off their books through an REO transaction. While this can be a great opportunity for potential homeowners or investors, it's important to note that REO transactions come with strict deadlines, stringent requirements, and unique challenges, as you are buying property from a lending institution.

Escrows For You is well-versed in managing REO transactions and recognizes the significance of promptly addressing all matters. Select us to handle your transaction with confidence that you are working with knowledgeable professionals!

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Commercial & Industrial

Commercial & Industrial

Definition: The purchase or sale of a property that is zoned for commercial or industrial use is known as a commercial transaction. These transactions can be particularly challenging, making them some of the most complex real estate deals to finalize.

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Refinance

Refinance

Definition: Refinancing is the process of replacing an existing mortgage loan with new financing, wherein the funds from the new loan are utilized to satisfy the current loan, using the same property as collateral.

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Short Sales

Short Sales

Definition: A “short sale” is a transaction in which the sales price is insufficient to cover the seller’s existing loan payoff and closing costs.

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