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…
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…
Buying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial…
The thought of a gated community might conjure up visions of ritzy neighborhoods in Hollywood where all the hottest celebrities tend to live. Behind those gates are thought to be incredible homes on amazing lots with fabulous amenities at the…
The final walk-through of a home is your last chance to make sure all is as it should be before you close on the deal. During this crucial visit, you’ll have the opportunity to see if anything has changed from…
Getting approved for a mortgage can be pretty challenging these days. Lenders are rather stringent with their lending requirements and aren’t in the business of loaning out money to just anyone. Nowadays, you’ve got to meet strict criteria in order…
If you’re buying or selling a home that still has a mortgage on it, you’ll likely be dealing with what’s known the lending world as an ‘alienation clause’.
Also known as a ‘due on sale clause’, an alienation clause gives…
Depending on where you live and the temperature of the market in your area, attracting several offers on your home at once might already be easy enough. California’s hot real estate market as of late has seen markets where bidding…
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