by admin | Jul 23, 2019 | Real Estate Financial Help
What is an APR? The annual percentage rate, or APR, is how much you’ll pay in interest and other fees when borrowing money (e.g., when you get a mortgage loan or a credit card). APR can also be considered the total cost for borrowing money over a one-year...
by admin | Jul 16, 2019 | Closing Process, Real Estate Financial Help
If you want to buy a house but don’t have oodles of cash lying around, you’ll need to learn how to get a mortgage – that all-important home loan used to purchase property that you will then pay back for years or even decades to come. The vast...
by admin | Jul 10, 2019 | Closing Process, Real Estate Financial Help
What is earnest money? Depositing earnest money is an important part of the home-buying process. It tells the real estate seller you’re in earnest as a buyer, and it helps fund your down payment. The earnest money check is typically crashed and help in a title...
by admin | Jul 2, 2019 | Refinancing
Refinancing a mortgage can be a great way for homeowners to save some money. But beware—make a wrong move when you refinance a loan, and you could easily get in over your head. That’s why we highlight here the right (and wrong) ways to refinance your mortgage...
by admin | Jun 26, 2019 | Real Estate Financial Help
What is a hard money lender? The real estate term may conjure up visions of crooked-nosed guys who’ll cut off a borrower’s pinkie finger for flaking on a hard money loan. But you can rest assured that, despite the “hard money” moniker, these...