Tuesday, May 21, 2024 / by Brittany Aspenson
WHAT IS AN EARNEST MONEY DEPOSIT? A GUIDE FOR BUYERS AND SELLERS
When you put an offer on a home, you'd want to do everything you can to make your bid more competitive. One way to do this is through earnest money. But what is it, exactly? And how much do you need?
Thursday, December 30, 2021 / by Linda Maxwell
The Ultimate Moving Checklist
Let’s face it, moving is stressful. That’s why we’ve created an epic moving checklist to help you stay on track. With some direction and this 8-week printable moving checklist for your upcoming move, you’ll be sure to have everything done between now and the big day, leaving you plenty of time to celebrate.
8 weeks before you move checklist:
It’s important for you to plan for every aspect of your move. The good news? We’ve got you covered. We won’t lie — there’s a lot to do to prepare. Yet, you’ll be thankful you started early and had this epic moving checklist to ensure you stay on top of your to-do list.
1. Create a digital “moving” folder on Google Drive or Dropbox. Take pictures with your phone of quotes, receipts, and records related to your move and store them in an online storage system such as Google Drive or Dropbox. You’re not going to be able to remember all of the details, so throw ...
8 weeks before you move checklist:
It’s important for you to plan for every aspect of your move. The good news? We’ve got you covered. We won’t lie — there’s a lot to do to prepare. Yet, you’ll be thankful you started early and had this epic moving checklist to ensure you stay on top of your to-do list.
1. Create a digital “moving” folder on Google Drive or Dropbox. Take pictures with your phone of quotes, receipts, and records related to your move and store them in an online storage system such as Google Drive or Dropbox. You’re not going to be able to remember all of the details, so throw ...
Wednesday, September 4, 2019 / by Linda Maxwell
The ABC's of Real Estate: Terms Every Buyer & Seller Should Know
September 04, 2019 at 1:03pm | Sandy Erickson
Whether you are a first-time home buyer or a third-time home seller, the real estate transaction can be confusing and stressful enough even without the many terms and acronyms used during the process. But don’t be overwhelmed — we’ve compiled a mini-glossary of the important terms you should know and familiarize yourself with to help you better understand what’s going on with the home sale.
It’s good to remember what Steve Jobs said: “There’s always one more thing to learn.”
The ABCs of Real EstateA: An appraisal is a professional estimate of the value of the property by a certified appraiser. Lenders always require a home appraisal before they will issue a mortgage. Appraisers look into similar homes in the area that have been sold recently, also known as “comps,” and also take into account the home’s condition, square footage, location, a ...
Whether you are a first-time home buyer or a third-time home seller, the real estate transaction can be confusing and stressful enough even without the many terms and acronyms used during the process. But don’t be overwhelmed — we’ve compiled a mini-glossary of the important terms you should know and familiarize yourself with to help you better understand what’s going on with the home sale.
It’s good to remember what Steve Jobs said: “There’s always one more thing to learn.”
The ABCs of Real EstateA: An appraisal is a professional estimate of the value of the property by a certified appraiser. Lenders always require a home appraisal before they will issue a mortgage. Appraisers look into similar homes in the area that have been sold recently, also known as “comps,” and also take into account the home’s condition, square footage, location, a ...
Wednesday, August 28, 2019 / by Linda Maxwell
What's in a Mortgage? Breaking down the components of a mortgage payment
August 28, 2019 at 1:16pm | Sandy Erickson
In simplest terms, a mortgage is a long-term loan designed to help borrowers purchase a house. It allows
individuals to become homeowners without making a large down payment and thus, fulfilling The American
Dream. Once you become a homeowner, a mortgage represents one of your life’s biggest financial commitments.
So it’s important to understand the structure of your payments — what percentage goes to principal, interest,
and taxes, and what you currently owe on your loan balance
I’m a first-time home buyer. Once I closed on my new home, when will my mortgage payment start?Mortgage payments usually start one full month after the last day of the month in which the home purchased closed. Unlike rent payments, which are usually paid in advance on the first day of the month, mortgage payments are paid in arrears. It means the payment is expected to be made at the end of the month. For an ins ...
In simplest terms, a mortgage is a long-term loan designed to help borrowers purchase a house. It allows
individuals to become homeowners without making a large down payment and thus, fulfilling The American
Dream. Once you become a homeowner, a mortgage represents one of your life’s biggest financial commitments.
So it’s important to understand the structure of your payments — what percentage goes to principal, interest,
and taxes, and what you currently owe on your loan balance
I’m a first-time home buyer. Once I closed on my new home, when will my mortgage payment start?Mortgage payments usually start one full month after the last day of the month in which the home purchased closed. Unlike rent payments, which are usually paid in advance on the first day of the month, mortgage payments are paid in arrears. It means the payment is expected to be made at the end of the month. For an ins ...
