Real Estate Term of the Week
Discount Points: A type of prepaid interest or fees mortgage borrowers can purchase that lowers the amount of interest they...
What You Need to Know Before Refinancing
Refinancing your mortgage is an opportunity to reduce home ownership costs. But with so many mortgage products available, it’s easy...
Real Estate Term of the Week
Pending – Will Accept Backup Offers: An offer has been accepted and the home is undergoing steps toward a closing....
How to Work with Your Realtor®
If you’re shopping for a home, you’ve likely enlisted a Realtor®. The home buying process can be fun, frustrating, daunting,...
Real Estate Term of the Week
Leverage: is the use of various financial instruments or borrowed capital to increase the potential return of an investment. When...
Should You Pay Cash for Your Home?
So you’ve saved well and are thinking of paying cash for your next home. Most other home buyers are pulling...
Real Estate Term of the Week:
Pre-qualification: An informal estimation of how much a homebuyer can afford. The main difference between pre-qualification and pre-approval is that...
Will an Open House Sell My Home?
Holding an open house has been a marketing tradition for decades in the real estate industry. You open up the...