An adjustable rate mortgage (ARM) is a home loan where the interest rate adjusts over time. Adjustable rate mortgages usually start with an interest rate lower than fixed rate mortgages, but that initial low interest rate doesn’t last forever. Because the rate is not set in stone, it is called an adjustable rate mortgage. While …
Choosing between VA renovation and traditional home renovation loans, or a VA loan in general doesn’t have to be tricky. It all depends on your situation and needs. For example, VA renovation loans allow you to purchase property and rehab it where some traditional home renovation loans don’t allow you to buy the land. And …
How to Know if a VA Renovation Loan is the Right Choice Read More »
If you are buying a new home, these 31 new home superstitions will help to ensure that you have years of good luck in your new house! Here’s how to bring good luck into your new home: When Shopping for A New Home At Your Closing While You Are Moving In When Shopping For A …
31 “Door Shutting” Superstitions For Buying a Home Read More »
This post has been fact checked by Lisa Rogers at time of publishing by Principal Attorney at ArkLaws. Even the most diligent real estate agents can get sued, and it happens all the time. But that doesn’t mean you have to panic if you get served. Most lawsuits against real estate agents can be prevented …
7 Reasons Real Estate Agents Get Sued & How to Avoid It Read More »
Finding the perfect home or land can be tricky. Knowing which type of VA loan to select does not have to be. Whether you need to make the property handicap accessible, want to add an accessory dwelling unit for aging parents, or turn unimproved land into a dream home; the guide below will help you …
A special warranty deed is a type of general warranty deed used to transfer ownership from one owner (a person, group of people or entity) to a new owner when the seller cannot guarantee 100% ownership of the property they are selling. The biggest difference between a special warranty deed and a general warranty deed …
What is a Special Warranty Deed and What It Is Used For Read More »
An accessory dwelling unit (ADU) is an additional living space located on your property that is furnished with its own kitchen, living area, and separate entrance. Unlike a stand alone home, ADUs do not have a separate address, and in the US you cannot sell it on its own. And unlike multi-family structures including fourplexes, …
If you’ve just received foreclosure papers, you may be wondering what happens next. Your first step should be to take a deep breath. Millions of people get these notices and the bank does not want to take your home. You also have rights while you’re in the foreclosure process to protect yourself from losing your …
How do you capture a buyer’s heart for top dollar and get to the closing table faster? By staging your home to sell! And staging your home doesn’t have to be a massive effort or incredibly expensive. Making small changes to your home like updating your lighting both inside and out allows you to raise …
A deed in lieu of foreclosure is an arrangement you make with your lender to avoid foreclosure after you’ve exhausted all other options. When you make this agreement, you transfer your house’s deed to your lender. Your lender then forgives the amount left on your loan and agrees to not foreclose on your home. And …
