Articles

Pre-Foreclosure, Auction, REO: What’s the Difference?

The differences between pre-foreclosures, foreclosure auctions, and REO foreclosures (real estate owned) is that each one is a step in…

2 years ago

Real Estate vs. Property Tax – What’s the Difference?

The difference between real estate taxes vs. property taxes is that real estate taxes are what the city or municipality…

2 years ago

What is a Reverse Mortgage? Should You Take One?

A reverse mortgage is a loan that allows seniors 62 and older to generate income off of their homes. Reverse…

2 years ago

What is Ownership Interest in a Property?

Ownership interest in a property defines your rights as an owner of a property or that you have a claim…

2 years ago

What Does Pre-Foreclosure Mean? And How to Avoid It.

Pre-foreclosure means that your lender has issued a notice of default (a public notice filed with a court) and that…

2 years ago

What is Escrow Balance?

An escrow balance is the amount of money a lender sets aside to pay for homeowners insurance, mortgage insurance, future…

3 years ago

What is a Real Estate Broker?

A real estate broker is a real estate agent who has obtained a license to become a practicing broker within…

3 years ago

Should You Pay a Mortgage Principal or Escrow First?

If you’re stuck between paying down the balance on the principal or escrow on your mortgage, always go with the…

3 years ago

Can You Find Property Lines on Google Maps & Why?

Regardless if you’re a buyer, seller, or agent, you need to know the exact details about any property you’re interested…

3 years ago

What is Part-Time Real Estate Agent (Pros and Cons)

Are you thinking about becoming a part-time real estate agent?  Then you're likely thinking "Maybe I can give this a…

3 years ago