Finance

Earnest Money vs. Down Payment: What’s the Difference?

Buying a home requires you to understand many different real estate terms, two of which are earnest money and down…

2 years ago

How Does a Loan Contingency Work?

When a home is being sold, there are many aspects of the transaction that need to be tended to if…

2 years ago

What Is Chain of Title And Why is it Important?

When you purchase any type of home, you must be able to prove that you own the home, which is…

2 years ago

A Guide on Preapprovals: Do They Expire?

Before you start searching for a new home, you'll need to have a mortgage preapproval. After finding a lender that…

2 years ago

A Complete Guide and Definition to Amortization in Real Estate

Unless you have access to the amount of funds needed to purchase a home solely with cash, you'll need to…

2 years ago

What is a Home Equity Conversion Mortgage (HECM)?

If you'd like to pay off your mortgage to gain full ownership of your home, you could do so with…

2 years ago

What is a 2-1 Buydown Loan?

If you want to buy or build a home, there are many different types of loans for you to select…

2 years ago

What are Bridge Loans and How Do They Work?

When you're looking to buy a home, there are many different loans and mortgages that you can apply for. One…

2 years ago

What is a Balloon Mortgage?

If you're thinking of buying a home, you're likely considering all of the loan options at your disposal. There are…

2 years ago

Building Your Dream Home with a VA Loan

If you're an existing service member or veteran who wants to build a new or first home, you should take…

2 years ago