Real Estate Term of the Week

Home Warranty: A residential service contract undertaken by a home owner that covers the cost of maintaining household systems or...

Do You Need a Home Warranty When You Buy a Home?

When you purchase a home, real estate agents often recommend that you also buy a home warranty. A home warranty...

Real Estate Term of the Week

Contingency Clause: Defines a condition or action that must be met in order for a real estate contract to become...

What Do I Need to Know About Furnace Maintenance and Safety?

Whether you’ve owned your home for years or just moved in, one of your long-term responsibilities is taking care of...

Real estate term of the week:

Loan Origination Fee: An up-front fee charged by a lender for processing a new loan application, used as compensation for...

Shop Around for Your Mortgage

The Consumer Financial Protection Bureau reports that nearly half of all mortgage borrowers don’t shop around when they buy a...

Real Estate Term of the Week

Material Defect: A specific issue with a system or component of a residential property that may have a significant, adverse...

Am I Legally Obligated to Disclose My Home’s Defects?

When selling your home, you try your best to present every detail in the best possible light. But in many...

Platinum Service Realty