A home inspection checklist is essential when selling a home. While the inspection is an important part of the home buying process, it is equally as important for sellers to also prepare. What can you do as a seller to help the inspection process go... (Read More)
Many people believe that after they have had a home foreclosed on, they will never be able to buy a house again. This is untrue.
As you may have guessed, it is much more difficult to get a mortgage after a foreclosure hits your credit report, but... (Read More)
Applying for a home loan? As a mortgage borrower, you will have two rates — your mortgage rate and your Annual Percentage Rate, or APR.
What is the difference between the two? Your mortgage rate is the base rate you'll be charged to borrow the... (Read More)
Buying a fixer-upper? Whether you have a small remodeling job ahead of you or a big one, you're always much better off with a plan. Here are some tips for coming up with a plan designed to help you succeed:
Decide how much you're going to spend... (Read More)
Mortgage rates are on the move. When is the best time to "lock" your mortgage rate? And for how long should your lock be effective? If you're buying or building a home, you'll have to answer both of these questions.
Unfortunately, there's not a... (Read More)
Ready to buy your first home? Your first step is to visit a mortgage lender to see how much house you can afford. But be prepared for the paperwork that comes with it. Here are the documents you'll be asked to provide as part of the loan application... (Read More)
The appraisal is an important part of the home buying process. But what happens if the appraisal comes up short of the agreed-upon selling price?
Here's an example: A home is listed for sale for $350,000. It's a multiple bidding situation, so you... (Read More)
Ever hear the terms REO, bank-owned, short sale or HUD home? And have you even wondered what the heck all those terms mean? Here are some definitions used to describe common types of distressed properties:
Foreclosure: This refers to the process... (Read More)
The fall season is the perfect time to consider refinancing. If you're unsure about why you should consider it, we're going to help you.
The following are some of the most popular reasons people decide to refinance in the fall.
The Holidays Are... (Read More)