What is escrow, and why is it important in real estate transactions?
Escrow is a third-party service that holds funds during the home-buying process to ensure that all conditions, such as inspections and loan approvals, are met before the transaction is completed.
What is the benefit of having a real estate agent during the home-buying process?
A real estate agent helps find homes that meet your criteria, negotiates on your behalf, and guides you through the complex paperwork and legal aspects of buying a home.
What is homeowners insurance, and what does it typically cover?
Homeowners insurance protects your home and belongings from damage caused by events like fire, theft, or natural disasters. It also includes liability coverage for accidents that occur on your property.