Author: Melissa Syphrett

 
 

What Is an Escrow Account? 

The definition of “escrow account” depends on its use. For homebuying purposes, an escrow account generally refers to an account held by a neutral third party (such as a title…

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What Is an Escrow Period?

Estimated reading time: 1 minute For home purchasing purposes, an escrow period refers to a period of time when the funds and documents necessary to fulfill a homebuying contract are…

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What Is a Contingency? 

A contingency is a section in a real estate contract, set by either the homebuyer or seller, that outlines a condition that must be met before the contract can be fulfilled. Many…

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Recovering After a House Fire

It can be difficult to know where to start after a fire but experts point to a handful of critical first steps. Here is a summary of some top tips, followed by additional…

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What Is a FICO® Score? 

A FICO Score is a type of credit score created by the Fair Isaac Corporation. Lenders use borrowers’ FICO Scores along with other details on borrowers’ credit reports to assess…

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