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Tag: Finance

hard money loan

The Pros and Cons of Hard Money Loans

Nicki & Karen » January 30, 2023

Posted in

  • Ask a Realtor

Tagged Finance

Before you can purchase a home, you likely need to apply for some type of mortgage loan. While there are many loans to s ...

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adjustable rate mortgage

What is an Adjustable-rate Mortgage?

Nicki & Karen » January 23, 2023

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  • Ask a Realtor

Tagged Finance, Mortgage

If you’re in the market for a new home, there’s a good chance that you’ll need to apply for a loan wit ...

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earnest money

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

Nicki & Karen » January 3, 2023

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  • Ask a Realtor

Tagged Finance

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

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loan contingency

How Does a Loan Contingency Work?

Nicki & Karen » December 12, 2022

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  • Ask a Realtor

Tagged Finance, Mortgage

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

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chain of title

What Is Chain of Title And Why is it Important?

Nicki & Karen » November 27, 2022

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  • Ask a Realtor

Tagged Finance, Legal

When you purchase any type of home, you must be able to prove that you own the home, which is why the title document is ...

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preapproval for home sale

A Guide on Preapprovals: Do They Expire?

Nicki & Karen » November 21, 2022

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  • Ask a Realtor

Tagged Finance, Mortgage

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

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amortization

A Complete Guide and Definition to Amortization in Real Estate

Nicki & Karen » November 7, 2022

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  • Ask a Realtor

Tagged Finance

Unless you have access to the amount of funds needed to purchase a home solely with cash, you’ll need to take out ...

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home equity

What is a Home Equity Conversion Mortgage (HECM)?

Nicki & Karen » October 31, 2022

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  • Ask a Realtor

Tagged Finance

If you’d like to pay off your mortgage to gain full ownership of your home, you could do so with the use of a home ...

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2-1 buydown

What is a 2-1 Buydown Loan?

Nicki & Karen » October 24, 2022

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  • Ask a Realtor

Tagged Finance, Loans

If you want to buy or build a home, there are many different types of loans for you to select from, one of which is a 2- ...

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loan

What are Bridge Loans and How Do They Work?

Nicki & Karen » October 17, 2022

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  • Ask a Realtor

Tagged Finance, Loans

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

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Nicki LaPorta DRE #01233940 / Karen Crystal DRE #01346860
Compass DRE #01992628

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