What is verification of income and assets? We're provided a short answer for you in this post...but we'd be happy... read more →
What is an HOA and how will it affect your quality of living? If you are buying a condo, townhouse,... read more →
Real Estate Offer Letters An offer letter is a legal document used by a buyer who wants to place a... read more →
Home Construction Savings Finding the perfect house can be difficult. If your home search is coming up empty, you may... read more →
The Mortgage Process Have you ever wondered about what steps your loan goes through before closing? Wonder no more! Here... read more →
Luxury Homes During your real estate search, you may have come across the term “luxury” or maybe you’ve been watching... read more →
Flipped House Questions If you’ve ever watched HGTV, chances are you know what it means when someone says a home... read more →
Low Appraisal An appraisal is an estimation of a home’s value. But what happens when an appraisal comes in under... read more →
Home Inspection Mistakes A home inspection is an essential step in the home buying process that shouldn’t be overlooked or... read more →
24-Hour Notice When selling your home, one of the things that you may think about how you will make your... read more →
Factors Affecting Home Buying in 2018 Are you looking to purchase a home in 2018? While a lot depends on... read more →
Does your house have good bones? When shopping around for a home, you may hear that a home has “good... read more →
Buying a Home Before Marriage Many couples nowadays don’t wait until marriage before moving in together and buying a home.... read more →
What is Bitcoin? Bitcoin, created in 2009, is a cryptocurrency that exists in a digital form. Recently, Bitcoin has become... read more →
How does foreclosure work? Foreclosure occurs when a borrower fails to meet loan obligations. Foreclosure rights and procedures are different... read more →
Purchase-Money Mortgage A purchase-money mortgage is a loan that the seller of the property issues to the buyer. It is... read more →
Alt-A Mortgage An alt-A mortgage lands somewhere in between a prime and subprime mortgage. Borrowers who have higher credit scores... read more →
Graduated Payment Mortgage A graduated payment mortgage (GPM) is meant for people who aren’t able to afford large monthly payments... read more →
What a home inspector can't check Before you purchase a home, a home inspection is a necessary step to make... read more →
Seller's Market A seller’s market happens when the demand for homes overcomes the supply. Typically, a market becomes a seller’s... read more →
Buyer's Market A buyer’s market happens when the housing market favors the home buyers. This occurs when home prices are... read more →
Pre-approval Letter Expiration A pre-approval letter is a conditional agreement that states how much of a home you are able... read more →
Bidding Wars A bidding war occurs when two or more buyers are interested in a home and continue to make... read more →
Balloon Mortgages A balloon mortgage is a type of mortgage in which you make normal monthly payments for a set... read more →
What is a chattel mortgage? A chattel mortgage is a loan agreement where movable personal property is used as security... read more →
What is a second mortgage? A second mortgage, or junior lien, is a loan you take out using your house... read more →
Buydown Mortgages There are many different options when it comes to payment for a mortgage loan. One of those options... read more →
The Loan-to-Value Ratio The loan-to-value (LTV) ratio is a lending risk assessment that lenders use to examine before approving a... read more →
An estate sale, or a tag sale, is one way of liquidating a family’s or estate’s belongings. Typically, estate sales... read more →
Solar power is an easy way to not only become eco-friendlier, but to also possibly lower your energy bill. The... read more →
A real estate contract can be between a buyer and seller, an agent and broker, or several other parties. In... read more →
There are some things that your realtor can’t tell you. Voicing opinions about details of a neighborhood can violate the... read more →
Debt-to-income ratio (DTI) is a personal finance measure that compares your debt payment to you overall income. DTI is a... read more →
A closing agent is an impartial third party that deals with the final details of a mortgage transaction. As such,... read more →
What is PMI? Private Mortgage Insurance (PMI) is an insurance policy that protects lenders against loss if borrowers stop paying... read more →
An adjustable rate mortgage (ARM) is a type of mortgage loan where the interest fluctuates as market rates fluctuate. Your... read more →
The Veteran's Administration loans, or VA loans, are a home-mortgage option available to veterans, current or former members of the... read more →
Moving with Cats Moving can be a stressful process, especially for your pets. Keep an eye on your cat during... read more →
Applying for a loan can be a difficult and strenuous process. Since its creation in 1949, the United States Department... read more →
The mortgage application process can be both a difficult and a confusing process, but it can also be an incredibly rewarding... read more →
Unlike some other assets, like your car or furniture, your home's value can appreciate, or increase, over time. By taking... read more →
FHA: Income Limitations & Qualifications Federal Housing Administration (FHA) loans are loans sponsored and partly backed by the U.S. Department... read more →
A Second Opinion on a Mortgage Second opinions can be pretty valuable. When the doctor delivers a shocking diagnosis, you're... read more →
What are USDA Loans? A USDA loan, or USDA Rural Development loan, is a type of mortgage loan. It is... read more →
Saving for a Down Payment Buying a home can be a costly adventure, one that you might not have the... read more →