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What Is an APR? Annual Percentage Rate, Explained

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...

How to Get a Mortgage: A Step-by-Step Guide for Home Buyers

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...

The Earnest Money Deposit: How It Helps Buy a Home

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...

Should You Refinance Your Mortgage? A Homeowner’s Guide to HELOCs and More

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...

What Is A Hard Money Lender? It Might Not Be As Scary As You Think

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...
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