Refinance (Nationwide) -The replacement of one or more loans with one or more new loans secured by the subject property.
New Home Sales - Purchasing a home directly from the builder that may or may not still be under construction.
Real Estate Owned (REO) - Property obtained by a lending institute through a foreclosure proceeding or forfeiture. This is a bank-owned property.
Short Sales - A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan.
For Sale by Owner - For Sale by Owner, or FSBO, is the process of selling real estate without the representation of a real estate broker or real estate agent.
Manufactured Homes - Buying or selling a manufactured (or mobile) home.
Bulk/Business Sale - Buying or selling a business or franchise.
Commercial - Buying or selling property that is zoned for commercial or industrial use. Commercial real estate is any property owned to produce income. In its broadest definition, it includes apartment complexes and industrial real estate.
Investment - A property that is not occupied by the owner(s). This type of transaction usually falls under the commercial/industrial umbrella. Most often the seller(s) are interested in a tax-deferred exchange (deferring the tax on the capital gain until a later time). For more information concerning a tax-deferred exchange transaction, please consult with your tax attorney or accountant.
Relocation - The employer of the seller(s) or the buyer(s) will financially support the relocation of its employee(s) by purchasing the "sale" property on behalf of the seller(s) thus allowing the employee(s) to move to their new location. Upon finding a qualified buyer of the property the relocation company, selected by the employer, will finalize the transaction and forward proceeds to repay the employer or purchase the new property in the relocated area.

Professional Escrow Services