Ep: 010 – Residential Property Transactions
We are talking about Residential Property Transactions. If you’ve ever bought or sold a home, you know that as part of that transaction you must pay some hefty costs to both the attorney and to your lender. Why? It’s because if you’re borrowing money from a traditional lending institution the lending institution wants to make sure that their liability as it relates to the asset (the house) is nonexistent. How do you find out about transactions that have happened on a property, what do they mean? Take a listen to find out.