by minelson | Sep 15, 2022 | Home Buying
Are you thinking about buying a new home and are unsure of what steps you need to take? Some buyers find this process overwhelming, especially first-time homebuyers. But just like with anything else – Knowledge is power. Understanding and following these steps can...
by minelson | Sep 8, 2022 | Escrow
A short sale, or pre-foreclosure sale, occurs when the net proceeds from a property are less than the current lien on the property. The lender must approve the transaction, accepting a “short payoff.” Oftentimes, lenders prefer a short sale over foreclosure. These...
by minelson | Sep 1, 2022 | Escrow
If you have a mortgage, maintaining an escrow account is very important. New homeowners are sometimes unsure of what “escrow” is, so here’s a quick breakdown: First, your lender adds up how much the annual tax and insurance costs are on your home. Then, they evenly...
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