1. They make sure that the insurance policy on the property is issued for an amount that represents at least the full value of the note still owed to them.
2. They also make sure that the note is recorded and they are listed as mortgagee, trustee, or the first contract holder on the policy. [...]
There is no doubt that the market for houses has been on fire recently. More and more people are taking advantage of low interest rates and easy mortgage loan terms to go from being renters to being home owners. With so many people entering the market, it is inevitable that questions will arise.There are many [...]
Many parts of the country are going through a real estate boom. In recent reports real estate is showing double digit growth in many parts of the country. In still many other real estate growth is outpacing inflation.
1 – Real Estate Agent -Real Estate agents are responsible for the vast majority of Real Estate Sales, [...]
To make the job easier and ensure your percentage of good ideas is as high as possible, you need a strategy to organize your information. Use a three-ring binder or expandable file folder. You must keep copies of all contracts, change orders, invoices, receipts, and permits. These will be invaluable if you have disputes [...]
1. Get pre-approved for your home loan. This means, fill out a loan application and go through the process of securing financing. That way, when you’re ready to seriously evaluate real estate, you’ll know exactly how much home you can afford. And you can prove to a seller that your offer is sincere.
2. Explore [...]
Your home buying process is well underway. The sellers accepted your offer to purchase. The home is officially under contract and you’re counting down the days to closing. The lender pre-approved you, so buying the house is a sure thing, right?Not quite.
Nothing is certain until the keys are in your hands. There are still [...]
You have locked your interest rate and the notary has called you to set your appointment…what do you do next! These 10 things to check before you sign your loan documents will ease your mind that you are working with a professional and getting the loan that your asked for.
1 The loan amount is correct.
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1. Lights, camera, action. Have your Realtor take quality pictures of your Florida home, that are then used online and in paper advertising. This will assist in capturing and drawing attention to your home or property over the competitors. The more potential buyers viewing your home increases the chance of selling your real estate near [...]
You’ve got a project with exceptional architecture, you’ve completed months of review and modification, your design team is sure this project will get significant notoriety, yet after hours of going back and forth in City Council meetings, they ask you to cut the project in half, increase the setbacks, or just drop the project altogether. [...]
- Your Buyer’s Agent will suggest an offering price or give you an opinion about whether a particular Wisconsin property is priced correctly.
- Your Buyer’s Agent will offer a critique of a seller’s property beyond disclosing defects and will look for adverse material defects for your benefit.
- Your Buyer’s Agent will help you write the [...]