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Closing or Settlement >Escrow Rules
The lender is allowed to accumulate a borrower's payments up to a two-month advance cushion at the end of a year. But if a surplus develops beyond this amount, the borrower is now entitled to an immediate refund unless the surplus is less than $50. These rules apply to new loans.
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| Q |
The upper walls of what famous holy temple are lined with gold?
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| A |
The Golden Temple in Amritsar, India is the most sacred temple and spiritual center of the Sikhs. |
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Gayle, Jerry and Steve Smith
Keller Williams Realty
1401 Woodlands Parkway
The Woodlands, TX 77380
281-364-3753
Fax: 832-482-2089
Steve Smith: Steve@TheSmithTeamRealty.com
Gayle Smith: Gayle@TheSmithTeamRealty.com
Jerry Smith: Jerry@TheSmithTeamRealty.com
TheSmithTeam@TheSmithTeamRealty.com
Jerry has a Bachelors Degree in Business/Finance, Retired from Occidental Oil and Gas after 35 Years, and now a Broker Associate. After relocating 19 times with an oil company, we finally settled down in The Woodlands and it has been our home since 1998. With over 18 years of combined real estate experience, we are confident in our ability to make your move a positive experience as well as the sale of your home. We will represent your interests, negotiate on your behalf, and keep you informed of all aspects of the transaction. We will ALWAYS be available to address any of your questions or concerns.   
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