What Does a Loan Processor Do?
What Does a Loan Processor Do? Once you are moving forward on a home purchase that you plan to finance using a mortgage, you will quickly get to know a number of people who work in that process—your realtor, your…
What is the Difference between a Real Estate Agent and a Broker?
What is the Difference between a Real Estate Agent and a Broker? Looking to buy your first (or second, or third, or fiftieth) home? You have probably considered working with a professional who is well-versed in the real estate market…
What is Due Diligence and Why Is It a Big Deal in Real Estate?
What is Due Diligence and Why Is It a Big Deal in Real Estate? If you are a seasoned real estate buyer or seller, chances are you have heard the term “due diligence” at some point. Maybe you’ve even used…
What Does My Mortgage Interest Rate Mean?
What Does My Mortgage Interest Rate Mean? If you follow the news, you’ve probably heard talk of “historic lows” and “raising rates” for real estate transactions. What does all of this rate talk mean? How is interest rate determined? Mortgage…
What am I Paying in My Mortgage Payment Each Month?
What am I Paying in My Mortgage Payment Each Month? Many property owners purchase their new home using a loan called a mortgage. Using a mortgage, an individual is able to get a loan for a home purchase, normally financed…
How to Buy a House When You Don’t Have Money for a Down Payment Many aspire to home ownership as the ultimate sign of adulthood. First time buyers may be intimidated by the amount of money needed for a down…
Should I Buy or Rent My Home?
Should I Buy or Rent My Home? Here are some pros and cons to help you make a plan. Buying a home If you are in the market for a new home, buying is the best way to build equity…
What to Know about an Earnest Money Deposit
What to Know about an Earnest Money Deposit If you are in the process of searching for a home, chances are the term earnest money deposit has come up. What exactly is this deposit and what does it get you?…
Spring Cleaning Tips for Homeowners
Spring Cleaning Tips for Homeowners Spring is in the air! For many, that means warmer temperatures, sunshine, and renewed energy to tackle projects. If you are a homeowner, this is the perfect time to work on some of the things…
What Government Shutdowns Mean for the Real Estate Market
What Government Shutdowns Mean for the Real Estate Market The federal government recently reopened following a 35-day partial shutdown, the longest in our nation’s history. Many federal workers worked without pay, relying on promises of backpay once Congress passed legislation…
