General Posts

July 6, 2016

What Is a Loan Modification and Can It Help Homeowners in Trouble

As reported by http://www.realtor.com 

What is a loan modification? Consider it a lifeline for homeowners in trouble. If you’ve been hit with financial hardships that hamper your ability to pay the mortgage, there are options other than foreclosure or selling your home. One is to get a loan …

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July 6, 2016

Here Is What Can Go Wrong When You Don't Have Homeowners Insurance

As reported by http://www.realtor.com  

When disaster strikes in the form of lightning, tornadoes, or other freak occurrences, there’s really only one thing you can do to help save (or rebuild) your livelihood, instead of just watching it helplessly burn away or get flung to an adjacent county. And …

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Posted in General Posts
July 6, 2016

How to Buy a Second Home, and no, it wont be like your first

As reported by http://www.realtor.com  

You’ve braved the home-buying circus before, and have a great place to show for it. You’ve trudged through the open houses, experienced exactly how stressful closing can be, and dealt with legions of moving trucks. And still, a part of you wants something more: …

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Posted in General Posts
June 29, 2016

3 Key Closing Cost Facts for VA Buyers and Sellers

As reported by http://www.realtor.com on 6/24/16 by Veterans United (http://www.veteransunited.com)

Getting a loan comes with closing costs. But VA buyers are tapping into a benefit program, and that includes advantages when it comes to closing costs. Here’s a look at three essential facts about closing costs for active-duty …

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June 29, 2016

4 Reasons to Not Pay Off Your Mortgage Early

As reported by http://www.realtor.com  

You’ve imagined it: that party you’ll throw (and the happy dance you’ll undoubtedly do) the day you pay off your mortgage. Ah, the joy of being debt-free and the full owner of your home! But hold on: While paying off that principal is certainly …

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Posted in General Posts
June 29, 2016

5 Common Closing Day Surprises and How to Deal with them

As reported by http://www.realtor.com  

I was thrilled when the sellers accepted my offer on a tear-down lot in McLean, VA, the perfect place to build my own “Downton Abbey”–style manor. And the deal went forward without a hitch—that is, until closing day. Soon after I arrived at the …

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Posted in General Posts
June 29, 2016

5 Most Common Questions About Mortgages Answered

As reported by http://www.realtor.com  

Not exactly sure how a mortgage works? Don’t feel bad—the average home buyer doesn’t either. The whole process is filled with head-scratching questions, from how big a down payment has to be to why your interest rate isn’t as great as you’d hoped. To …

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June 29, 2016

6 Signs a Home Seller Is Not Serious About Moving Out

As reported by http://www.realtor.com 

When homeowners round up a Realtor®, list the house, and stick a sign on the front lawn, it’s pretty clear they’re serious about selling their property. Right? Well, not always. Just as there are home buyers who better belong in the window-shopper category, there …

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Posted in General Posts
June 29, 2016

Got Cold Feet About Home Buying? Here's How to Cope With It

As reported by Realtor.com on 6/22/16 by Daniel Bortz

Buying a home is a lot like getting married: Your stomach’s all butterflies as you make the offer; then you’re over the moon once it’s accepted. Only then, as you take those slow, winding steps toward the big day (aka …

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June 29, 2016

What's the Cost of a Home Appraisal?

As reported by Realtor.com 

If you need a mortgage to buy a home, your lender will require a home appraisal—where a professional estimates the value of your place to make sure it’s at least enough to cover the mortgage. While the lender hires the appraiser, the buyer pays for …

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