Steps in refinancing your home
If your financial position has changed or the value of your home has gone up since you purchased it, you may be considering changing the terms of your home loan. If you want to get more favorable terms, lower your…
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…
Finding (and Keeping) a Good Property Manager
Rental real estate is a great way to build passive income, keep your home if you have to temporarily move out of the area, and invest in physical property. But part of being successful in rental real estate is having…
How is a Letter of Intent Different From an Offer on a Home?
The path to owning property starts with a very important document while outlines the proposed sale terms from the buyer to the seller. Submitting an offer is a big deal for both the buyer and seller, but looks a bit…
When to Refinance Your Home
When you purchase a home with a mortgage, part of the terms of your loan include an interest rate. This rate is the percentage of the loan value that you will be charged in interest, should you take the entire…
Decking the Halls Safely
December is one of the most festive months all around the world as many cultures celebrate Christmas, Hanukkah, or other winter holidays. Many families take this opportunity to show their holiday cheer by decorating the interior and exterior of their…
What to expect after your offer is accepted
Did your offer get accepted? If so, congratulations! One of the first major items in the escrow process is the home inspection. Hopefully you took some time for yourself to have a quick celebration but with the escrow clock ticking…