As with anything, homes evolve over time. Homes evolve to meet the needs of the families of a given time period.... read more →
Do you need an extra room? Do you have a basement that’s just sitting there collecting dust? Use that space... read more →
The value of your home is difficult to predict. The best method for sellers to learn their home’s current value... read more →
Home Appraisal Preparation So, you’re selling your home. Getting a home appraisal is an important step in the process that... read more →
What is a home appraisal? A home appraisal is one of the first steps in the closing process. It is... read more →
What is Escrow? Escrow is a bond, deed, or similar document that is kept in the custody of a third party... read more →
When you purchase a home, you aren’t handed that home, you are given a title. A title is the evidence... read more →
Buying a home takes preparation. Here’s your know-it-all timeline to help you in the buying process. Step One: Understand What... read more →
How to Finish a Basement An unfinished basement is ripe with possibilities. Before you start building anything, make sure that... read more →
What is a pre-listing inspection? A pre-listing inspection is an inspection that the seller can pay for before putting their... read more →
When painting your home, you may want to create a color palette to help keep a balanced look. Creating a... read more →
Inheriting a home can be a heartwarming experience… or it can be nerve-wracking. Many times, an inherited property will be... read more →
Home Inspection Checklist Structure Inspecting the structure of the home includes looking over the floors, walls, roof framing, and ceiling... read more →
Planning for Housing After Retirement When you are ready to take the step into retirement, that are many things that... read more →
Definition: conventional loan A conventional loan is a mortgage that is not guaranteed or insured by a government agency.
Definition: rehabilitation loan A rehab loan is a one-time opportunity to clean the default on a defaulted federal education loan... read more →
Definition: jumbo loan Jumbo loans are given out for an amount that exceeds conforming loan limits established by regulations. In... read more →
Definition: investment loan An investment loan is an amount of money lent to finance a project.
Definition: Primary loan A primary loan is the first loan that a borrower takes out on a piece of collateral.
Definition: refinance (home loan) Getting a new mortgage to replace the original one is known as refinancing, and is done... read more →
Definition: USDA Loan A USDA loan is a zero down payment mortgage that is made available to rural and suburban... read more →
Definition: VA Loan A VA loan is a mortgage loan program provided to help veterans and their families obtain home... read more →
What is a first time home buyer loan and who is a first time home buyer? A first time home... read more →
Considering moving to a new neighborhood? Here's a few things to consider. What type of home do you want? Are... read more →
Some Tips on How to Choose a Mortgage Lender Finding a mortgage lender can be a difficult process, but one of... read more →
What is home staging? Home staging is the act of preparing a private residence for the real estate market. If... read more →
Comparing mortgage rates is often the most time-consuming part of mortgage shopping. Mortgage fees include more than just interest rates,... read more →
Definition: income Income is the money received, on a regular basis, for work performed.
Definition: creditworthiness Creditworthiness is the valuations of borrowers by lenders that determines the possibility a borrower may default on their... read more →
Definition: asset An asset is a property owned by a person that is regarded to have value and can meet... read more →
Definition: loan application A loan application is a document the provides information, financial and otherwise, about the borrow that lenders... read more →
Definition: lender A lender is any organization, individual, or public group that makes funds available with the stipulation that the... read more →
Definition: closing costs Closing costs are the fees paid at the time of the closing of a real estate transaction.
Definition: mortgage rate lock A mortgage rate lock is an agreement between the borrower and lender that allows the borrower... read more →
Definition: rental property A rental property is a property which the owner receives payment from tenants in return for using... read more →
So, you’re getting ready to sell. An important next step is getting your home inspected. Here are some steps to... read more →
Clutter is something that everyone has to deal with. When you want it to be gone, here are a few... read more →
Are you one of the lucky people who has an extra room in your house? Are you uncertain what you should... read more →
Definition: rent (verb) To pay someone for the use of something or occupancy of somewhere.
Definition: property tax A property tax is a levy on the value of the property by government authority.
Definition: (home) buyer A home buyer is a person who is looking to purchase a new home.
Definition: zoning Zoning is the regulation of the use of real estate property by local government, restricting property to residential,... read more →
Definition: condo Short for condominium, a condo is on of a group of housing units, in which each homeowner has... read more →
Definition: (home) seller A (home) seller is the person who puts a home on the market for sale.
Definition: debt-to-income ratio (DTI) A debt-to-income ratio, also referred to as DTI, is a way a lender measures an individual’s... read more →