Title Company vs. Attorney Closing: What Your State Requires

Title Company vs. Attorney Closing: What Your State Requires

Who actually runs your closing — a title company or a real estate attorney — depends entirely on where your home is located, and it's not optional in every state. Short answer: Some states legally require a licensed attorney to conduct real estate closings ("attorney states"), while others allow title companies or escrow companies to handle the process without an attorney present ("title comp ...

What Is Escrow? A Seller's Plain-English Guide

What Is Escrow? A Seller's Plain-English Guide

"It's in escrow" is one of those real estate phrases everyone uses and few people can actually define — including plenty of sellers who are going through the process for the first time. **Short answe ...

How to Change the Name on a House Deed Before or After Selling

How to Change the Name on a House Deed Before or After Selling

A mismatch between the name on your deed and your current legal name — after a divorce, a marriage, or the death of a co-owner — can stall a home sale if it's not addressed before you get to closing. ...

Do You Have to Pay Taxes on a Home You Inherited and Sold?

Do You Have to Pay Taxes on a Home You Inherited and Sold?

Inheriting a house is stressful enough without wondering whether selling it will trigger a tax bill you weren't prepared for. The good news: thanks to one specific tax rule, most people who sell an in ...

Net Proceeds Calculator: What You'll Actually Walk Away With

Net Proceeds Calculator: What You'll Actually Walk Away With

Your sale price is not your payday. Between commission, closing costs, mortgage payoff, and prorated expenses, the number that actually lands in your bank account is often 8–10% lower than what your h ...