What Are Points in Real Estate?
If you are purchasing or refinancing a home, chances are you have learned a lot of new terms. One of those may be “points.” But what exactly are points in a real estate deal? Points are referred to as mortgage…
Buying a Home with an HOA
Many home buyers love a neighborhood with great amenities. A community pool, parks and playgrounds, and well kept walking trails all make prospective buyers’ eyes light up. If you are looking to buy in a neighborhood with top-of-the-line amenities, make…
How Your Debt-to-Income Ratio Impacts Your Home Buying Power
For the majority of home buyers, both first-time and experienced, a new home purchase is done by financing a large portion of the cost. This loan, called a mortgage, is offered through a financial institution specifically for the purchase of…
Understanding Mortgage Points
When you get ready to purchase a home, one of the biggest factors in your decision is likely the cost. A home is one of the largest purchases that most people will make in their lifetime so a lot of…
Selling (or Buying) in Peak Real Estate Season
Produce has a season. So do sports. But did you know that real estate has a peak season as well? People buy and sell homes all year long but there are certain times of the year when more transactions are…
What a Mobile Notary Can Do for Your Home Purchase
One of the biggest events in a real estate transaction is the closing, when all parties sign the final contracts and ownership (and the key) is officially turned over to the buyer. But what happens when you have a busy…
When to Consider a Second Mortgage (And When to Avoid It)
Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they…
How To Buy a Home Out of State
The home search process can be very fun or very exhausting (or both). Some buyers love the search and enjoy looking at home after home until they find just the right one. Others get tired of coming up empty after…
What You Will Pay When You Offer to Purchase a Home
Buying a home is one of the largest purchases that most Americans make in their lifetime. With so much money in play, it’s important to know when it is refundable (and when it is not) during the negotiation process. Earnest…
How Long Does It Take to Close on a House?
Home buying is very exciting but typically doesn’t move quickly. The length of time it can take to finalize the purchase, also called closing, varies with the complexity of the deal and circumstances of the purchase. Most homeowners can prepare…