BUYER INQUIRIES

Is title insurance mandatory?

Lenders universally mandate a policy to protect their interest. Purchasing an owner's policy is technically optional but highly advised to protect your capital against historic claims.

How accurate are online valuation models?

Algorithms rely on generalized tax records and lag behind rapid market shifts. Only a localized Comparative Market Analysis (CMA) provides accurate bid parameters.

What defines an earnest money deposit?

It acts as collateral (usually 1-3% of purchase price) held in escrow to prove buyer intent. Contracts must outline specific scenarios where these funds revert to the buyer.