Monthly Archives: November 2018

Real Estate Term of the Week

Joint Tenancy: A form of ownership or taking title to property where each party owns the whole property and that ownership is not separate. In the event of the death of one party, the...

Tips for Winterproofing Your Home

There’s no escaping it, winter is almost here. You’ve probably spent more time thinking about holiday decorations than winterproofing your home. To protect your investment, however, seasonal maintenance is a must. And winter is...

Real Estate Term of the Week

Fee Simple: A legal term describing the most common and absolute type of property ownership. The owner’s property rights are indefinite and can be freely transferred or inherited as the owner desires. The property...

Real Estate Term of the Week

Reverse Offer: An offer from the seller of a home to a buyer. The seller proposes the terms he will accept after the buyer has expressed some interest in the home. A reverse offer...

Real Estate Term of the Week

Debt Load: A term that describes a consumer’s amount of debt. It is often used to understand if you are carrying a “safe” amount of debt. Creditors look at a debt/income ratio, comparing your...

Eight Signs You’re Not Ready to Own a Home

Home ownership can be a great source of comfort and joy to both singles and families. But jumping into owning before you’re truly ready could create more problems than anticipated—financially and emotionally. Before you...

Real Estate Term of the Week

Pending: A home’s status is changed to “Pending” in MLS (Multiple Listing Service) once the seller has accepted an offer but the deal hasn’t closed yet. During this period, the lender and escrow agent...