Archive for the 'Escrow and Title Insurance' Category

What is a Letter of Intent?

Saturday, July 11th, 2009

Here’s a cool video that teaches people about real estate vocabulary.  What is a letter of intent?  It is basically a letter to express interest in a property, but does not serve as a sales contract.  They are basically contracts that express good faith, but cannot be used in courts assuming something goes wrong.  It [...]

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What is a Quit Claim Deed?

Saturday, April 11th, 2009

This is part one of our ongoing series: All About Property Transfers.
A Quit Claim Deed is basically a method to transfer real property without any type of warranty.  Usually quit claim deeds are used to transfer real estate to heirs at no cost, or some other type of no cost structure, such as divorce settlements [...]

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