Title is conveyed by deed. A valid deed must be in writing, made by a legally capable grantor, contain a description of the property and parties, have a granting clause, […]
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Qualifying the collateral involves assessing the value of a property to determine its suitability as security for a loan. This process ensures that the property can adequately cover the loan […]
The secondary mortgage market is a vital component of the financial system, where originated loans are bought and sold to maintain liquidity for lenders, enabling them to issue more loans […]
Pre-Qualified Fiction Buyer generated. Based on income and assets information that the buyer inputs in the online application. Could be inaccurate. Doesn’t require a credit check. Provides a ballpark estimate […]
Quickly Test Your Price Without RiskAvoid accumulating days on market and public price drops. Get feedback on pricing and positioning first as a Private Exclusive. Soft Launch Before Being Market-ReadyPrivate […]
Carryback is another way of thinking about a junior lien. It’s another way of thinking about a junior loan in which the owner of the property might be filling in […]
VA stands for the Veterans Administration, or Veterans Affairs, is a loan benefit for qualifying veterans. Now there are programs available for qualifying spouses and families in certain tragic circumstances, […]
The Federal Housing Administration, or FHA, came out of the Department of Housing and Urban Development (HUD) in the late 1930s. And it was the very first answer to conventional […]
Capital Gains Tax is levied on the profit realized from the sale of assets such as stocks, bonds, real estate, and other investments. The tax applies to the difference between […]
Sales Price – this is what was initially agreed between buyer and seller in regards to the sales price. Inspection and repair – after the home inspection, there’s going to […]