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Tag Archive | "Home Purchase"

Mortgage Escrow: What are Escrow Services for Mortgages?

Mortgage escrow is a term used when money is placed into a third party account for further use with a second party. It cannot be used either by the payer or the recipient until certain conditions have been met. The third party will then release the funds as directed. Such services are generally operated by […]

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Mortgage Escrow: What are Escrow Services for Mortgages?

Mortgage escrow is a term used when money is placed into a third party account for further use with a second party. It cannot be used either by the payer or the recipient until certain conditions have been met. The third party will then release the funds as directed. Such services are generally operated by […]

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First Time Buyers: Buying Your First Home

First time buyers are usually excited but nervous when they decide to purchase their very first home. They worry about what is involved, and how to go about purchasing the best home they can for the money they have. It is the biggest commitment of anybody’s life after marriage and having children. Their home is […]

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Lease Option to Buy: Pros a Cons of Leasing a Home

A lease option to buy enables you rent out your home, but also offers the tenant to the right to buy at a prearranged price after a specified period of time. Leasing a home is also known by other terms such as ‘rent to buy,’ because you receive a monthly rent and at the end […]

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Boomerang Buyers and Mortgage after Foreclosure

Boomerang Buyers is the name given to those that are being offered new mortgages after suffering foreclosure on their previous homes. Foreclosure is a dreadful thing to happen to any home owner. However, under the right circumstances, it is possible get a mortgage after foreclosure. The stigma and fallout of going through a foreclosure does […]

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For Sale By Owner: Are There Problems?

When buying a home, you may occasionally come across a home that is ‘For Sale by Owner’ that seems to be a good deal. If you are in the process of looking for a new home, you might be tempted to look further into this – but what does it mean, and are there any […]

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Buying a Foreclosure – Problems Buying Distressed Homes

Buying a foreclosure might not be as easy as you think since buying distressed homes has its own issues to consider. People occasionally try to purchase a foreclosure adjoining their property because a distressed home can have a negative effect on the value of their own home. However, they then run into problems and wonder […]

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How to Buy or Sell a Home That’s Off the Market

Before you decide to buy or sell a home that’s off the market, you should first take the advice of a professional mortgage advisor. It’s a common scenario: somebody knows somebody thinking of selling their home and decides make a good offer before the property is listed on the real estate market. Both the prospective […]

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Home Inspections from Different Perspectives

Home inspections are essential if you intend to buy a home. Property inspections are not the easiest of things to understand, and even if you have a home inspection checklist, there might be some confusion about home inspections. You might love the house, but a negative report could mean you are unable to get the […]

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Selling Your House: Biggest Turnoffs When Touring a Home

When selling your house you must be aware of some of the biggest turnoffs when touring a home if you want to be given the offer you want. There are several aspects of the normal home that are definite turnoffs to those viewing with the objective of purchasing it. Staging your home properly is very […]

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