Top 3 Real Estate Deal Killers

March 20, 2015

in Home Buying Guide, Tips When Selling a Home | Tagged , , , , , ,

The way some people talk, it would take a miracle to make it from a signed purchase agreement to the closing table. But in reality, most real estate transactions go through with nary a hitch. Those that do hit snags, however, run the very real danger of completely falling apart. The problems are sometimes out [...]

The Good Faith Estimate, Defined

March 13, 2015

in Mortgage Loans | Tagged , , , , , , ,

One of the most confusing aspects of the process for first-time homebuyers is the mortgage. Common homebuyer questions include: Where to get one, how to get one, and what does all that jargon mean? Advice abounds, especially on the Internet. One common tip is that you should compare offers from lenders before settling on one [...]

The 6 (Not-So-Simple) Steps to Securing a Home Loan

February 27, 2015

in Home Buying Guide | Tagged , , , , , ,

From the word “mortgage” to the methods used by lenders to determine how much to loan, the home loan process can be confusing to first timers. In fact, one third of the respondents to a 2011 Wall Street Journal survey of homebuyers said that the most difficult part of buying a home was understanding the [...]

Help Sell My Home Fast: Should I Sell My House and Carry the Contract?

September 21, 2012

in Tips When Selling a Home | Tagged , , , , , , , , , , , , ,

In slow markets, when homes just don’t seem to move as quickly as we’d like them to, offering seller financing may be the key to getting a home sold. With the sluggish real estate market of the last few years, seller financing has been dramatically increasing in popularity, but is it a smart move for [...]

How Your Credit Score Affects Your Mortgage Rate

September 14, 2012

in Home Buying Guide, Mortgage Interest Rates | Tagged , , , , , , , , , , ,

Credit checks are a necessary part of applying for any loan, but they are especially important during two stages of the loan process: on the day you apply for a mortgage and shortly before closing on the loan. The first credit check is to ensure that you pay your bills on time and have sufficient [...]