The property disclosure report is an important document in any real estate transaction. In it, sellers must reveal any issues relating to a property that could negatively affect its value. That's why it's so important for home sellers to set... (Read More)

When buying a home, you have the option of selecting a fixed-rate home loan or one with an adjustable rate. ARMs are attractive to some home buyers today because the introductory rates — and monthly payments — often are lower than with... (Read More)

Curious about what type of information you'll need to provide about yourself if you're applying for a mortgage? Here's what we'll need from you (and a co-borrower if you have one) to get started on your loan application: —Social Security Number... (Read More)

When purchasing a home, your mortgage pre-approval is based on your current financial situation. That's why once you are pre-approved, you should avoid making big changes to your finances. Here are several things you'll want to avoid doing while... (Read More)

Your credit score has more of an impact on your monthly mortgage payment than you might think. Generally, the higher your score, the lower the mortgage you may be able to qualify for. And the lower your credit score, the higher your mortgage... (Read More)

Mortgage rates are on the move. When is the best time to "lock" your mortgage rate? And for how long should your lock be effective? If you're buying or building a home, you'll have to answer both of these questions. Unfortunately, there's not a... (Read More)

Many U.S. home owners have seen their home equity rise over the last several years. Home equity is basically the difference between your home’s appraised value and the total amount you owe on your mortgage. There are two basic ways to tap your... (Read More)

Are you thinking about purchasing a home in the future? Here are three important steps to take now to get yourself ready. Supercharge your savings. You'll need to save money for your down payment and closing costs and you'll need to have some... (Read More)

If you are selling your home, it's important to keep safety in mind. Although problems are unlikely, it's always a good idea to do whatever you can to protect your family and personal belongings. Here are several ways to make your selling... (Read More)

You found a home that's in the right neighborhood and an easy commute to work. The only problem: It's listed for sale in 'as-is' condition. What does that mean? A home that's being offered for sale in 'as-is' condition means that the owner is... (Read More)