Becoming a homeowner is one of the biggest decisions of our lives. From being financially ready, finding the perfect real estate agent, and deciding what you’ll need in a home to be equipped for your future, it’s all a huge step. Navigating the world of real estate and its jargon can be overwhelming and at times, confusing. Title and escrow are some of the most common terms you’ll hear in the industry. Often used interchangeably, they are both crucial yet very different parts of the home buying journey.
Title
The word "title" refers to your legal rights to own, use, and dispose of a specific property. The title company ensures the property's title with policies to the buyer and the lender to protect against problems with the property or the
…