Signs of Undetected Water Damage

Your house can have many underlying problems that you don’t see on the surface. Inside the walls and under the floors can lurk worsening pipe leaks that threaten the integrity of the building. To avoid undetected water damaging ...

What Should You Keep in Your Safe Deposit Box?

We all have things that we want to keep safe. While we all hope that our homes are an ideal place for that, sometimes it’s a good idea to keep important items in another location. That’s where safe deposit boxes come in handy. What ...

Hidden Costs of Buying a Car

The total price you pay for a car is substantially higher than the price on the sticker, thanks to a variety of hidden fees. To protect your budget, be sure to factor in the following costs before you sign on the bottom line. Interest ...

How to File a Home Insurance Claim

Home insurance is a great investment that can help protect you from property damage, burglary, and more. Your insurance provider probably informed you of your coverages when you signed up for your policy, but likely didn’t explain ...

Planning for a Home Down Payment

Buying a home is a milestone worth celebrating, but it takes planning and preparation before signing the closing documents to ensure the purchase doesn’t become more of a burden than a blessing. Proper planning involves determining ...

Are You Ready for a Vacation Home?

In the afterglow of a rejuvenating getaway, buying a vacation home can seem like an especially attractive idea. What could be better than having a place of your own near your favorite beach, mountain range or artsy small town? ...

Types of Insurance for Your House

Your home is a haven for you and your family, and protecting your refuge means investing in insurance. A standard homeowner’s insurance policy covers a lot, but it doesn’t cover everything. It is important to understand the ...

When to Re-evaluate Your Insurance

New changes in life bring a flurry of business and excitement. But don’t forget to review your insurance policies when these significant events happen, to make sure you are getting the coverage you need and take advantage of ...

Affected by Recent Hurricanes? We’re Here to Help

For those who have been impacted by recent hurricanes, we want you to know Colonial is here to help. Hurricanes Florence and Michael have caused immense damage and widespread flooding across a number of regions along the Southern ...
Allow this guide to help you understand what escrow is and the ways in which it comes into play during a home buying transaction.

What is Escrow and How Does it Work?

If you are in the process of buying a home, you will probably hear the term “escrow” multiple times throughout the transaction—both before and after the real estate settlement itself. But since the term is used to describe ...