Option ARM: What is it and How Do I Recognize One?
Option ARMs are a footnote in mortgage history as they aren’t offered anymore. They were controversial instruments that could result…
Homeowners Associations: Benefits of Membership
Homeowners Associations have grown up all over the USA over the past few years. What are the benefits of membership,…
Home Equity Loan Basics: What Are Home Equity Loans?
The market has changed considerably in recent years regarding availability of home equity products, but it’s still a good idea…
How Comparable Sales Affect Your Appraisal: Comp Sale Basics
Comparable sales are used to appraise residential properties in the same area. Such a sale is generally known as a…
Mortgage Escrow: Why an Escrow Account is Necessary
Mortgage escrow is a form of insurance for your lender. An escrow account gives the lender security that your property…
Happy Memorial Day!
From Our Family to Yours: Happy Memorial Day Memorial Day is a federal holiday observed annually in the United States on the last…
Estate Planning and Mortgage Loans: Protecting Your Heirs
What do you do about your outstanding mortgage loans in estate planning? At one time it was everyone’s goal to…
Mortgage Refinancing Errors to Avoid
Mortgage refinancing errors can cost you dearly. May people are considering refinancing their mortgage now, but are not fully aware…
Housing Bubbles – What Are They and Why do They Happen?
Housing bubbles are characterized by steadily increasing property prices in economic situations where homeowners and speculators assume they will continue…
How to Find a Mortgage and Lock in a Rate
Most people do not know how to find a mortgage properly, and have little idea of how to lock in…