What Exactly Is A Mortgage

When we hear talk about buying a home we always hear the word mortgage. A mortgage is the word that is used that means a loan in relation to buying a home. Unless you are rolling in money chances are if you want to buy a home you have to take out a loan and that is...

Three Types of Home Mortgages

When you go to a lender which is usually the bank; (there are intermediary companies called lenders, but they don’t give the money for the loan they are in between you and the bank) for a home loan there are a few that may fit your situation. It is the lenders...

Avoid These Two Big Mortgage Mistakes

  We all know that searching for and viewing potential homes is the fun part of the home-buying process. The not-so-fun part? The mortgage. But if you don’t pay attention to the details, your mortgage can end up dragging down the enjoyment of your new home and...

What Happens To My Mortgage When I Sell My Home

You’ve decided to make the plunge and sell you home. More than a few people have innocently asked me, “What happens to my mortgage when I sell my home?” If you own a home, you undoubtedly are carrying a mortgage on it. A mortgage is simply a loan from a bank or...

Refinancing: The Right Move?

The federal reserve recently raised interest rates, and if you have an Adjustable Rate Mortgage (ARM), it may be a good time to consider refinancing your home. There’s no one-size-fits-all answer to whether your should refinance, so here are a few of the main...

What does a title company do?

When you purchase a home, a title company will research the property to ensure that you are the rightful owner. They’ll look through records for anything that might cause problems-ownership disputes, restrictions, unpaid taxes, liens, and more. Their goal is to...