Buying a Home After a Foreclosure vs. After a Short Sale
Although reports show that the economy is slowly climbing its way back up, there is still no shortage of homeowners facing foreclosure and short sale. This is a very troubling time, especially if you bought your home thinking that you would be able to refinance it, if you ever found yourself in a ...
The Pros and Cons of Working With an Agent
When it comes to buying or selling a house, taking on an agent can be a major decision. In some cases, an agent may make the entire process easier for you, but in other situations, using an agent may not be cost practical. Below is a list of pros and cons to carefully consider when buying or selling ...
What Happens if You Miss a Mortgage Payment?
If you are one of the many Americans who are feeling the pressure in your wallet to choose between which bills to skip this month, you are not alone. Some people choose to skip the mortgage payment. But before you make that final decision, there are several items you should take into account regardi ...
Buy vs Rent a Home
With the recent housing crisis, more people started asking whether buying or renting a home is the better option. While the housing market is on the rise, buying still might not be your best option. Or maybe it is. Before you decide on whether to buy or rent your home, take these pros and cons into ...
Bidding on Your Own Foreclosure
Losing your house to foreclosure can be a terribly challenging and upsetting time for homeowners. But just because the home went up for foreclosure doesn’t mean you have to just walk away from it. Did you know that you can actually bid on your own property at a foreclosure sale? You may be wonder ...
Good Faith Estimate
Anybody who attempted to apply for a loan prior to 2010 knows how vague and difficult it used to be to apply for a loan. With hidden fees and surprise increases that could come months later, it was difficult to make comparisons between different mortgages. But as of January 1st, 2010, this ability t ...
How to Hire a Great Property Management Company
When you begin taking on a lot of rental properties, it can become overwhelming. You may want to turn to a property management company to help you handle the properties, but because these properties are large assets, you can’t just trust anybody with them. So how do you find a great company to trust ...
How to Perform a For Sale by Owner
As the price of real estate companies continues to rise, more homeowners are opting for sale by owner rather than hiring a professional. While this isn’t extremely difficult, there are several items to take into consideration after you have chosen this option. Here are some tips and tricks to help y ...
Things That Have Gone Wrong During a Real Estate Sale
Closing on your home can be a very exciting time, but for many, it can turn into a disaster. What you see isn’t always what you get. So how does this happen? The answer is slightly complicated. When you buy a home, you rely on the real estate agent, home seller and the inspector to be open and ...
How Does the Close-of-Escrow Process Work
Escrow. It is a term we hear often, but what exactly is escrow? According to the Merriam-Webster Dictionary, escrow is defined as a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition. In the real estate wor ...