The purchase agreement is a vitally important document that outlines the provisions, terms and conditions for the transfer of property. It should be read carefully and any ambiguities should be clarified prior to signing. It is a legally binding … [Continue reading]
Separation Anxiety: How to Deal with a Joint Mortgage Loan in the Event of a Divorce
During the course of a marriage, it is common for the couple to acquire property together. This is what is referred to as joint or community property. When a couple divorces, it is up to the parties involved to determine what happens to this joint … [Continue reading]
Lowballing 101: How to Avoid Insulting a Home Seller when Making a Low Offer for Their House or Condo
Buying a home is a huge step for people who are ready to make an investment in their future. Getting a great deal on a home is just as important and knowing how much to offer could be confusing. It is important to make sure the home seller is not … [Continue reading]
Scam Alert! Three Mortgage Modification Scams to Watch out for (And How to Avoid Them)
As if homeowners who are facing foreclosure don't have enough to worry about, a multitude of loan modification scam artists have invaded the internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim. By … [Continue reading]
What’s Ahead For Mortgage Rates This Week – Aug 18, 2014
Last week's economic news brought little housing-related content, but several economic reports in other sectors contributed to overall perceptions of the economy. In a speech given in Sweden, Fed Vice President Stanley Fischer noted that the economy … [Continue reading]
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