Frequently Asked Questions

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1.  What's the difference between a Short Pay and Short Sale?

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2.  What is an Escrow Impound Account?

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3.  How does the Agent Compensation work?

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4.  What is the Buyer's Timeline of final steps?

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5.  What is the Seller's Timeline of final steps?

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6.  Who pays the Real Estate Commission? 

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7.  As a Buyer, what can I expect my Closing Costs to be?

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8.  What is a PAD fee on escrow estimated closing statement?

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9.  Why do Inspections on a home that's being sold "As-Is?"

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10.  What are things that a Seller can/cannot remove from the home?

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11.  What is the purpose of the Appraisal?

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12.  How long does an Appraisal take? 

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13. What is "Land Type: Fee"?

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14. What to look for in a 9A Report?

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15. What is a Commercial Loan?

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16. Highest & Best! As a Buyer, find out how much to offer. How high should I go?

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