Curry County Abstract & Title Co. has published its latest article clarifying Escrows and Mortgage Escrow Accounts. It is aimed primarily at home buyers. The report is available for viewing in full below.
Curry County Abstract & Title Co. has published a new article entitled "Mortgages and Escrow Services." The report aims to clarify Escrow and Mortgage Escrow Accounts so people can be better prepared to buy their first home and take on a Mortgage. Those interested in real estate transactions and other interested individuals can view the full article at Curry County Abstract/Blog
The article includes several interesting pieces of information, mainly what an Escrow is—the report details this process and what rules and paperwork must be followed and signed. Moreover, the article states that in almost all real estate transactions, people will deal with a neutral third party, the Escrow Holder (or Escrow Agent). Furthermore, The Escrow Holder's purpose is to ensure everything is in order so that all parties follow the rules and are protected.
The report also provides a clear distinction between two topics concerning home buyers: the closing of the sale of the property (referred to as Escrow) and the Mortgage Escrow Account. Furthermore, it summarizes what an Escrow Account is and what it is used for. The best example of this is perhaps found in the following extract:
'Escrow Accounts are used to fund certain ongoing payments that must be made over the life of the loan. Such items have continuing payments, including property taxes, insurance, and mortgage. It is important to note that Escrow Accounts are usually partially funded at closing, and then a certain amount from each month's mortgage payment is directed to the Escrow Account.'
In discussing the article's creation, Alissa J. Jones, Founder/CEO at Curry County Abstract & Title Co., said:
"Curry County Abstract & Title Co. provides complete Escrow services throughout New Mexico. In addition, Curry County Abstract & Title Co. thoroughly prepares and handles all final closing details. Curry County Abstract & Title is part of an American historical tradition that embraces progress, endurance, and independence."
Regular readers of Curry County Abstract & Title Co. will notice the article takes a familiar tone, described as 'committed and professional.'
County Abstract & Title Co. now welcomes comments and questions from readers concerning their articles. They intend to enlighten people about the significant value of Mortgages and Escrow services. The reason is simply that this will help anyone who wants to make a real estate transaction to be fully protected with fast and accurate assistance.
Anyone who has a specific question about a past, present, or future article can contact Curry County Abstract & Title Co. via their website at https://currycountyabstract.com/
The complete article is available to view in full at Curry County Abstract/Blog
