March 2019

Found 3 blog entries for March 2019.

Should You Refinance Your Home? A Closer LookThe term refinancing is often thrown around in casual conversation today, especially in the wake of the housing crisis. Some homeowners make it sound like it might be the smartest move they ever made, while others say that refinancing is not such a good idea. The truth is that it can be both. So it's understandable if not everyone understands its explicit meaning, or whether or not it's right for them. Find out more about what home refinancing entails, what it's used for, and how to decide on a long-term plan.

For informational purposes only. Always consult with a mortgage expert or financial advisor before proceeding with any real estate transaction.

What It Means

Refinancing happens when a homeowner gets rid of their own old loan (by

1,265 Views, 0 Comments

All About Home Appraisals for Home BuyersThe home buying process includes many steps, some easy and some not. If a home buyer is borrowing money to buy a home, there are more than steps involved in the process than someone who is paying cash. If a buyer is using a lender, soon after a good home purchase offer is accepted and once the home buyer has entered the escrow period, an appraisal is performed by the lender. Understanding appraisals and their purpose can help the home buyer through the escrow process. Here's what you need to know.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What Is a Real Estate Appraisal?

A real estate appraisal is a professional assessment of a home's market

1,238 Views, 0 Comments

What You Should Know About Reverse MortgagesReverse mortgages are available to homeowners aged 62 or older who have managed to accrue plenty of equity in their home. There is no standard for equity, but experts will recommend at least 50%. Find out more about how it works, and whether or not its consequences are worth the rewards.

For informational purposes only. Always consult with a financial advisor or attorney before proceeding with any real estate transaction.

The Reverse Mortgage is a Type of Loan

The reverse mortgage is a loan that provides a homeowner with cash based on how much equity they have in their home. They are different from other types of mortgage loans. Instead of the homeowner paying their lender, the lender pays the homeowner by drawing on the equity the

1,191 Views, 0 Comments