House Buying Tips

How to Know if a VA Renovation Loan is the Right Choice

How to Know if a VA Renovation Loan is the Right Choice

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 …

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What is a Special Warranty Deed

What is a Special Warranty Deed and What It Is Used For

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 …

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what foreclosure means and how to avoid it

Foreclosure – What it Means & How to Avoid It

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 …

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what is a zombie property

What is a Zombie Property and is it a Good Investment?

Don’t worry – a zombie property has nothing to do with animated corpses.  Instead, a zombie property is a home that is in limbo because the homeowner did not know they retained ownership and the property began to further deteriorate.  In many cases this can be a gold mine for real estate investors, and also …

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Pre Approval vs Pre Qualified What’s the difference

Pre-Approval vs Pre-Qualified: What’s the difference?

While pre-approval and pre-qualification are both important when buying a home, there are slight differences that impact how smoothly your transaction will go.  Both statuses also occur at different stages in the home buying and selling process. Pre-qualification is the first step in the homebuying process and pre-approval is the next. For both you will …

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