What is a “Proof of Funds” Letter in a Real Estate Purchase?

If you were selling your home, would you want to be absolutely certain that the buyers are able to secure a mortgage to make the real estate deal go through? Of course, you would, and that’s exactly what the purpose…

What to Look For When Buying a Flipped Property

There are a lot of real estate investors out there looking to make some good money fixing and flipping houses. And if you’ve been watching your favorite programs on HGTV and the like, you may have noticed that flipping houses…

Title Insurance 101: Everything You Need to Know

Buying a new home can certainly be an overwhelming and sometimes frightening thing, especially if you’re completely new to this game. There are so many components involved in buying real estate that buyers need to be aware of in order…

INFOGRAPHIC: N.A.R.’s Existing Home Sales Report For March 2018

What is the MLS and How Does it Work?

Whether you’re a newbie buyer or seller or have bought and sold homes a few times over the years, you’ve most likely heard of the MLS, or Multiple Listing Service. In today’s competitive real estate market, it’s important for sellers…

What’s the Difference Between Replacement Cost Vs Actual Cash Value in Home Insurance?

You pay homeowner’s insurance, and although you never want to have to use it, there may be some unfortunate circumstances that may require you to file a claim. Of course, it’s important to crunch the numbers to make sure that…

Sellers: Before You Finalize Your Taxes, Here are 5 Write-Offs

Paying taxes is never fun, but you may be able to find ways to keep a little extra money in your pocket when filing. Keeping tabs on specific transactions related to your home throughout the year can help you minimize…

INFOGRAPHIC: Your Home Inspection Checklist

What Exactly is a Mortgage Transfer?

With the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate…

What Types of Liens Can Cloud the Title on My Property?

Real estate transactions aren’t always free of unpleasant surprises. Sometimes a home inspection will uncover an unknown issue or the buyer won’t be able to secure financing despite being pre-approved. But there’s another potentially unexpected issue that can arise after…