Cash vs. Mortgage We have all heard it is a bad idea to carry debt, so it may seem as though paying for a home with cash is the smartest choice. There is a lot to consider before you decide to purchase a home outright instead of financing one.
Home Inspections Sellers work hard preparing their homes to sell. They utilize the help and advice from of their realtor to get their home in perfect working order to sell for the most money. Sellers eagerly await an acceptable offer knowing this will help them get into their own new home.
Titles A title is a legal concept which traces a chain of ownership in real property ending in the current owner’s legal right or “title” to the property. The purchase of a home necessarily assumes that the buyer will receive a clear, marketable title at closing. Therefore, it is essential to have an expert title […]
Real Estate Myths When erroneous information about real estate is believed, it can hurt the reputation of real estate professionals. Help your clients understand the truth about how the real estate process works.
Real Estate Investing They sure do make flipping houses seem so easy on TV! Learn the pros and cons of fixing up a home to flip for profit or to hold on to and rent until you are ready to sell. Investing in real estate can be profitable, but it is essential to decide which […]
Title Insurance Title insurance is a key component of commercial real estate transactions. Title insurance will minimize the risk when purchasing or selling commercial real estate even though the stakes are higher. Title insurance is different from other policies since it protects you from a transaction which has already occurred, not something that may happen […]
The Millennials: Generation Y Millennials are in their mid-twenties to mid-thirties and are not buying homes in the same manner as previous generations did. Many Millennials rent and do not see owning a home as a priority. Millennials tend to lead busy lives, often moving, and tend to settle down later in life. How can […]
Foreclosures Typically selling for 35% less, homebuyers think they can find a bargain by searching for a house in foreclosure. However, a home with multiple, costly repairs, homeowners association bills, or potential liens, that may take months to become available may not be a dream come true, after all.
Mortgages A mortgage is a legal agreement between a lender and a homeowner. When a homebuyer does not have enough cash to purchase a home outright, they borrow money from a bank by using their house as collateral. With the many different types of mortgages, home buyers must understand the advantages and disadvantages of each […]
The Closing The mortgage process is long and tedious. After calculating a mortgage payment you can afford, obtaining a pre-approval, finding a home and getting a contract, it is finally time to close on your new home. The closing process begins when you have a sales contract. The following four to six weeks is termed […]