 |  | |  |  |  |  |  | KW Alert | Are you a buyer looking for up-to-the-minute property listings by email or a seller who is interested in understanding the value of their home? Registering for KW Alert is fast and free.
Once you sign up, you will receive access to complete property listing information and a host of valuable tools to assist you in the process of buying or selling a home. Get started - Register today!
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 |  | |  |  |  |  |  | Helpful Tips | Taxes and Hazard Insurance:
Based on the month you close, property taxes will be prorated between you and the seller. You may also be required to pay a full year’s hazard insurance (or homeowner’s insurance) premium in advance. In addition, you may also be required to place funds into a special reserve account (impound account) for taxes and insurance, which is held by the lender. You absolutely must have this to obtain a mortgage.
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