by admin | Aug 27, 2019 | Closing Process
Once your offer on your dream home is accepted, it doesn’t mean you can just grab the keys and move in. If you need a mortgage, securing this home loan takes time. The good news is that it’s faster now than ever. According to a recent three-year study by...
by admin | Aug 21, 2019 | Real Estate Financial Help
Should you prepay your mortgage? for some homeowners, it’s a financially savvy move but for others, beefing up their loan payments just doesn’t make sense. To help you figure out whether prepayment is right for you, here are the pros and cons. Pro:...
by admin | Aug 13, 2019 | Real Estate Financial Help
During the housing crisis of the early 2000s, foreclosure numbers were at a record high. Thankfully, the market has since turned around, but that doesn’t mean foreclosures are necessarily a thing of the past. In 2018, there were over 600,000 reported foreclosure...
by admin | Aug 6, 2019 | Closing Process
What is an amortization schedule? When you borrow money to buy a home, one of the documents you’ll see is an amortization schedule providing your mortgage lender who could be a retail bank, a mortgage bank, or another lender. The word “amortization”...
by admin | Jul 30, 2019 | Real Estate Financial Help
Buying a foreclosure home, also known as a distressed property, might seem like a less expensive way to get into your next place. These homes usually sell for about 15% below the home’s actual value. But buying a foreclosure property isn’t always what it seems....