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What Is Escrow?
In Idaho escrow offices handle the closing of the purchase of real property (real estate). Escrow offices also issue title policies.
What Is Title Insurance?
Title insurance is issued after the title company of your choice searches public records for problems with a homes title.
What Is Hazard Insurance?
Hazard insurance is more commonly referred to homeowners insurance.
What Is An Insurance Binder?
An insurance binder is a temporary issuance of proof of insurance that will “bind” or cover you temporarily until a formal policy is issued. A binder is typically in place when the purchase of your home closes.
What Is Signing?
In Idaho closing documents are signed at the title company which is typically chosen by the buyer.