Dive into Section 4, the “sneaky” section of the Utah Real Estate Purchase Contract (REPC). What gets prorated, and by how much? What are special assessments, and who pays them?…
The Utah Real Estate Purchase Contract (REPC) section 3 talks about the important terms of settlement, closing, and possession. Settlement is different than closing. What are the terms of possession?…
There’s more to title than you might think…a lot more! What is title insurance, and how does it help the buyer…and the seller? What’s an owner’s policy, a lender policy,…
There’s a difference between settlement, closing, recording, and possession. Here’s the kicker: you don’t get to move in until POSSESSION. Would it be bad to let someone move into a…
Settlement is when you sign everything. Closing is when all the money is moved, title is recorded, and the house is yours. Watch for Tyler flubbing the definitionā¦more than once!…