As you approach closing, the pinnacle of your home buying journey, you'd want nothing to go wrong. But with many hurdles or complications that could get in the way before you finally hold your house keys, expect the process to be more str...
What is an appraisal? An appraisal is a professional estimate of the value of a home done by a certified appraiser. It is a critical process for buyers because lenders always require a home appraisal before they issue a mortgage. Meanwh...
An appraisal is an integral part of the home buying process as it determines the objective value of a property. Lenders require an appraisal to help them evaluate a home before they issue a mortgage. Appraisals are done by trained and lic...
When going through the mortgage approval process, one aspect you need to keep in mind is underwriting. Once you've been pre-approved for a loan your application moves from the desk of your loan officer to the mortgage underwriter who will...
Whether you're the one buying or selling a home, the real estate closing is sure to be both exciting and daunting for you. Even though both parties agreed on a chosen date and might be pleased with the dollar amount on the table, there ar...
How great does a mortgage payoff sound? After making your final payment, there's nothing sweeter than seeing in your account that you are already “PAID IN FULL” after a substantial period of 15 or 30 years. Congratulations! Paying off...
One of the biggest advantages of homeownership is building equity over time. But what really is home equity? Read on to learn what it is, how it works, and the smartest ways you can use it to your advantage. ...
Interest rates are dropping. If you’re NOT looking to buy or sell a home in the next 12 months…this may still apply to you. So hear us out. Interest rates have been hovering near 8% for quite some time now. This has caused a little bit o...
Grateful for Homeownership: A Source of Long-Term Security and Financial Growth As we gather around the table this Thanksgiving, it's a time to reflect on the things we are most grateful for. While many of...
It may seem like a nearly impossible task to get a mortgage after retirement, but there are ways you can do it even if you are not employed. If you're planning to apply for a mortgage, here are 5 common questions you might ask that we’v...