What Homebuyers Need To Know About Homeowners Insurance

Homeowners insurance is an important protection for you and your new home, and is required by most lenders when buying a house.  We’ve listed some information about the different types of insurance to help you during the homebuying process. Read policies carefully so that you understand the standard exclusions and exceptions.   Key Takeaways   Remember […]

Understanding Closing Costs For Your New Home

Your offer has been accepted, your loan has been approved, and a date has been set to close on your new home. It’s an exciting time for sure, but there are a few things you’ll want to know before you sign your closing documents.   Key Takeaways   Closing costs are typically split between the buyer […]

Things to know before purchasing a For Sale By Owner (FSBO) home

A “for sale by owner” or FSBO listing is one where the seller decides to not sell their home through a real estate agent. This decision is usually made in an effort to save money, as the seller doesn’t have to pay commission fees to a real estate agent. In an effort to save even […]

Things to Know Before Purchasing a For Sale By Owner (FSBO) Home

A “for sale by owner” or FSBO listing is one where the seller decides to not sell their home through a real estate agent. This decision is usually made in an effort to save money, as the seller doesn’t have to pay commission fees to a real estate agent.  In an effort to save even […]

10 More Mortgage Terms Homebuyers Should Know

Even if you knew the meaning of every word on our first list of 11 Mortgage Terms Homebuyers Should Know, you may still find yourself looking up definitions while shopping for a home. Let’s jump in and explain ten more important terms homebuyers should know.   Key Takeaways   Unless you work in the industry, you […]

Precautions to Consider Before Taking Out an Adjustable-Rate Mortgage (ARM)

The 2008 housing market crash was largely blamed on two factors: not enough lender regulation (which led to predatory lending), and consumers not understanding the terms of their mortgages. In the years since that crash, Adjustable Rate Mortgages (or ARMs) have been villainized, since they were the mortgage product of choice during that time. But […]