Latest News from News 3

Las Vegas News | Weather | Sports | Traffic - MyNews3

Closing costs
Closing costs are all of the expenses that both a buyer and a seller incur when transferring ownership of a home. These costs are in addition to the price of the property and normally include any attorney and escrow fees, property taxes, and interest payments, as well as title and mortgage insurance charges, sales commission, credit report costs, and termite inspection fees.
Escrow accounts
An escrow account is a savings account that''s set up by a lender when you take out a mortgage. Its purpose is to allow you to set aside a portion of your monthly mortgage payment to cover the costs of annual fees like property taxes and homeowner''s insurance premiums.
Playing it safe before closing
During the final weeks before closing, you should be prepared to know that anything may happen to prevent the final sale of the house. As a result, it''s strongly recommended that you perform some important activities to ensure the transfer of the home takes place properly.
Types of insurance
When closing on the purchase of a home, you should be familiar with three types of insurance. The first is title insurance. Title insurance protects the homebuyer and the lender against any claims that may arise from disputes about the ownership of the property.
Popular Right Now:
One dead after crash on Fort Apache near Sahara 

Updated: 10/23/2014 10:54:00 AM

One person is dead after a crash Wednesday, Oct. 22, 2014, on Fort Apache near Sahara. (Bradford Boyer |
Ousted teacher found dead in Henderson jail

Updated: 10/21/2014 5:13:00 PM

John Mannion, a fired Clark County high school teacher and football coach was found dead Oct. 19 in the Henderson Detention Center of an apparent suicide.

All content © Copyright 2014 Intermountain West Communications Company. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service
You may also view our Sitemap.

FCC assistance for any person with disabilities can be provided by contacting us at

KSNV Profile & Public Inspection Files

2014 NBCUniversal Media, LLC. All rights reserved. Portions by Broadcast Interactive Media


Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.