Real Estate Term of the Week
HECM: Stands for Home Equity Conversion Mortgage. This is another term for a reverse mortgage. These loans are insured by...
What Is a Reverse Mortgage and How Does It Work?
A reverse mortgage is a type of loan that allows people age 62 or older to convert part of the...
Real Estate Term of the Week
Months of Inventory: An estimate of the amount of time it would take to sell all of the current listings...
Buyer’s Guide to Surviving a Seller’s Market
January 2017 – The market is crazy right now for anyone buying a home under $350,000. There are currently more...
Real Estate Term of the Week
Assessed Value: The valuation placed on property by a public tax assessor for purposes of taxation....
6 Things That Turn Off Buyers During Showings
We all know that things like dated kitchens, funky wallpaper, or lack of an on-suite bathroom can turn away buyers...
Real Estate Term of the Week
Co-signing a Loan: The act of signing for another person’s debt which involves a legal obligation made by the co-signer...
What Happens If You Lose Your Job Just Before Closing on a House?
Here’s a scenario that happens to more people than you might guess. As a couple, you’ve spent several months hunting...