Some first-time homebuyers may find themselves looking at their closing disclosure and notice a charge for mortgage insurance to be collected every month. So, what is mortgage insurance? We’re here to demystify what it is and offer guidance on how to get it removed! Stay tuned. Mortgage insurance allows you to buy a house with …
When buying a home, the first thing on your mind is likely to pay for the home. Unless you’re able to shell out cash for the transaction, you should start to think about applying for a mortgage. While there are many options for mortgages now, the most popular conventional mortgages are fixed or adjustable-rate mortgages. …
The Great Mortgage Debate: Fixed-Rate or Adjustable-Rate? Read More »
Ever thought of investing in a vacation rental? There are approximately 785,000 investors with the same idea, making up a $64 billion market and over 2.4 million rental homes. But where do you start? This blog will explore the two most popular apps for vacation rentals, Airbnb and Vrbo and their benefits and downfalls for …
VRBO vs. Airbnb: Key Differences for Real Estate Investors Read More »
Our current market is seeing high interest rates and stubborn sales prices throughout the country. At the time this article was written, home buyers could expect the average 30-year fixed mortgage to be 7%. The average home in the United States is currently priced at $416,100 according to Rocket Mortgage. Given all this, we still …
The Best Places to Invest in Real Estate in 2024 in the US Read More »
When it comes to real estate settlements in the United States, there is no one-size-fits-all approach. The processes involved in closing a real estate transaction can vary significantly from state to state and even from county to county. Understanding these differences is crucial for both home buyers and sellers to ensure a smooth and successful …
As we bid adieu to 2023, let’s take a moment to unravel this year’s real estate market. This blog will rehash market fluctuations, interest rate dynamics, and the National Association of Realtors (NAR) lawsuit. Market Fluctuations: According to a trusted industry source, CoreLogic in their December 2023 insights report, while demand for single-family homes remained …
Because November is known as the month of giving thanks, we wanted to take a moment to acknowledge and thank the wonderful professionals that we work with who are involved in a real estate transaction. Real estate transactions can be extremely stressful as the stakes are high for borrowers, buyers, and sellers alike who look …
Giving Thanks to the Key Players in Every Real Estate Transaction Read More »
While title companies don’t deal with supernatural issues, we do see some spooky things on title from time to time. This blog will explore some of the scariest things that can happen in a real estate transaction. Remember that the best way to avoid these problems is with the one-time purchase of Owner’s Title Insurance. …
Four Terrifying Title Issues Homeowners Can Avoid with Title Insurance Read More »
The chain of title is a record of all property owners from the original to the current one, and the transactions that have taken place. It is where you can look to see who has owned the property and how it was transferred. This is the first place to look if there are any claims …
The Chain of Title and How it Impacts Real Estate Ownership Read More »
In real estate, “pending” refers to a property that is under contract to be sold. This means that the seller has accepted an offer from a buyer, all of the contingencies have been worked out, and the contract has been signed. While the sale is almost complete, the home isn’t officially sold until the title …
