Reverse Mortgages
A reverse mortgage is a home loan that provides cash payments based on home equity. Homeowners normally “defer payment of the loan until they die, sell, or move out of the home.” Upon...
Buying Luxury Real Estate
There is not one design, style or size that embodies a luxury home. It could be a sprawling 15,000-square-foot French manor set on several rolling acres, or it could be a 4,000-square-foot...
Questions For Your Realtor
If you are like most home buyers and sellers, chances are you’ll want a qualified real estate agent to help you through the process. Agents act as liaisons between buyers and sellers, and...
The Best Mortgage Rates
You want to purchase a home. For most people that means getting a mortgage. This is not the time to let somebody else do the shopping for you. Here’s why: The terms you get can make a...
Working As A Real Estate Agent
Real estate salespeople, and other licensees who are required to work for and under the umbrella of a designated broker, are often referred to as real estate agents. In legal language, the term...
Unvestment Property
A real estate property that has been purchased with the intention of earning a return on the investment (purchase), either through rent (income), the future resale of the property, or both. An...
Investing In Real Estate
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is...
Tips For Homeowners
Homeowners’ insurance isn’t a luxury, it’s a necessity. In fact, most mortgage companies won’t make a loan or finance a residential real estate transaction unless the buyer...
What’s a Property Survey?
A property survey shows the boundaries of the property indicating the lot size, and includes a written description of the property. Property surveys, which resemble a map, are carried out during...
Top Mortgage Mistakes
During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the...
Real Estate Derivatives
A real estate derivative is a financial instrument whose value is based on the price of real estate. The core uses for real estate derivatives are: hedging positions, pre-investing assets and...
The Perfect Apartment
It’s so easy these days to find listings and visit apartments. But don’t let your eagerness get the better of you. Be prepared by taking a moment to determine exactly what you’re...