A mortgage is one of the most important investments of a lifetime. It is critical that you work with a... read more →
Bugs are all over the place! They sneak in from the backyard and take refuge in your kitchen, bedroom, bathroom,... read more →
Looking for a home in Florida? There are many great towns and cities in the Sunshine State where you can... read more →
Protecting Your Home From Hurricanes The Atlantic hurricane season began on June 1st. While this season typically lasts six months,... read more →
Most Expensive Homes in NJ When people want to find huge mansions, they usually look to states like California, Florida,... read more →
In-Ground Pools vs Above-Ground Pools What better way to battle the heat than with your very own pool? Having a... read more →
Define: credit utilization Definition: Credit utilization is the comparison between the amount of credit available and the amount currently used.
Define: appraisal Definition: An appraisal is an estimation of a property's value.
Define: quitclaim (deed) Definition: A quitclaim deed can be used to transfer property rights. It releases a person's interest in a... read more →
Define: decree Definition: A decree of foreclosure and sale is a declaration made by the court stating that a piece of... read more →
Define: median Definition: The median number is the middle number in a set of numbers. The area median income is produced... read more →
Define: secondary residence Definition: A secondary residence is a property in which the owner(s) lives in part of the time.
Define: grace period Definition: A grace period is the period of time after the deadline for a mortgage payment, during which... read more →
Define: primary residence Definition: A primary residence is the legal residence of a person. A person may only have one primary... read more →
Define: deduction Definition: A deduction is a charitable gift, mortgage interest paid on a loan on a primary residence, business expenses,... read more →
Define: Home Equity Conversion Mortgage (HECM) Definition: A Home Equity Conversion Mortgage (HECM) is a reverse mortgage program offered by the... read more →
Define: arm's length transaction Definition: An arm's length transaction takes place between two parties without an obvious connection to one another,... read more →
Define: non-arms length transaction Definition: A non-arms length transaction is that which takes place between two parties that know each other, such... read more →
Define: renegotiate Definition: To renegotiate a mortgage means to work with your lender to rework your loan terms so that it... read more →
Define: secure (financing) Definition: To secure financing for a property is to both successfully apply and qualify for a mortgage loan.
Define: Fair Housing Act Definition: The Fair Housing Act was signed in 1968 by President Lyndon Johnson. It prohibits home sellers... read more →
Define: fair lending Definition: Fair lending is the practice outlined in the Fair Housing Act of 1968. It prohibits lenders from... read more →
Define: bankrupt Definition: To be bankrupt means that one's outstanding debts are being restructured in order to pay back your creditors.
Define: bankruptcy Definition: Bankruptcy is the state of working through debt with the help of your bank or the government,... read more →
Define: forbearance Definition: Forbearance is an option given to borrowers who are experiencing difficulty making their mortgage payments. It involves the... read more →
Define: mortgage Definition: A mortgage is a loan that borrowers take out in order to purchase a home.
Define: default (on a loan) Definition: To default on a loan means that the borrower has failed to stick with the... read more →
Define borrower Definition: A borrower is someone who works with a lender to secure financial assistance in purchasing or refinancing a... read more →
Buying a home can be an exciting and incredibly rewarding time, but it can also put you at risk. Making... read more →
As both our nation and the world as a whole becomes more environmentally conscious, pollution and its effects on the... read more →
Florida is the perfect place to enjoy the summer and its warm weather. With beautiful beaches, exotic wild life, sites... read more →
Looking for a home in the historic "Constitution State" on a budget? 5 Affordable Cities to Purchase a Home in... read more →
The Sunshine state is a great place to vacation, but did you know that there are many affordable ways to... read more →
Different Styles & Types of Homes Buying a home can be arduous and drawn-out, but finding and securing your dream... read more →
After living in the same home for a while you may become bored with it. If this happens, consider... read more →
If you are looking to move, consider converting your home into an investment property. Why turn your house an investment... read more →
Going down the shore is an essential part of summer life. Local New Jersians and millions of other people from... read more →
Ever Considered Living Aboard a Boat? People have always expressed their deep love for the sea. Whether it’s going to... read more →
If you're looking into getting a mortgage, you may find yourself asking "Who are Fannie Mae and Freddie Mac and... read more →
With bigs trends developing and a greater shift towards big data, the mortgage industry is experiencing exciting changes that will... read more →
If you're an avid sports fan, then you probably know a lot about your favorite athletes. Often high-profile celebrities,... read more →
A Few Extremely Expensive Homes in New Jersey 1. On sale for $9,900,000 on Zillow, this luxurious home in Avalon... read more →
Student Loans Coming out of college with student loans can be extremely overwhelming. Some feel as though their loans are... read more →
From kindergarten to college, we go to school for an education in the hopes that it will prepare us for... read more →
Whether you're ready to settle down for retirement or just want to move someplace sunny, Florida is a great place... read more →