FAQ

Frequently Asked Questions

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

2. What is an Escrow Impound Account?

3. How does the Agent Compensation work?

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

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

6. Who pays the Real Estate Commission?

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

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

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

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

11. What is the purpose of the Appraisal?

12. How long does an Appraisal take?

13. What is "Land Type: Fee"?

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

15. What is a Commercial Loan?

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