Finance & Mortgage

Mortgage Term 'Escrow Deposit': What It Means And Where It Applies

Escrow is one word that you'll probably encounter many times during your home buying process. Several escrow types will come up during this time and you may get confused as to where your money will be placed if you use an escrow account. Here is a very quick summary of how escrow works and how it is applied to your home purchase transaction.

Real Estate News: Commercial Real Estate and Economic Development (CREED) Act Passed in the Congress, Reinstates 504 Debt-Refinancing Program

The National Association of Development Companies (NADCO) has announced that the Commercial Real Estate and Economic Development (CREED) Act has been passed in the congress and will permanently reinstate the debt-financing element in the 504 loan program of the Small Business Association.

Australian Taxation Office Investigating 30 Years Worth of Real Estate Deals

The Australian Taxation Office (ATO) plans to probe 30 years of real estate deals announcing to pull details of all property transactions dating back to 1985, covering about 900 million records of 11.3 million individuals, Reb Online reports.
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