Selling a home usually means handing over the keys and walking away with a profit. But what happens when you owe more on your mortgage than your house is worth? If you find yourself in this tough spot, you might feel stuck. When financial hardship strikes and you can no longer afford your payments, a short sale could …
Read more What Is a Short Sale for Sellers? A Complete Guide
Selling your home or refinancing your current loan brings up a critical question: how much do you actually owe your lender? If you simply look at your most recent mortgage statement, you might be surprised to learn that the balance shown is not enough to clear your debt. The amount required to completely satisfy your …
Buying your dream home is an exciting milestone, but the process is full of real estate terms that can quickly feel like a foreign language. One of the most important phrases you need to understand before making an offer is earnest money. If you are planning to buy a home, here’s a clear breakdown of …
Selling your home or refinancing your current mortgage requires tying up a few financial loose ends. One of the most important documents you need during this transition is a mortgage payoff statement. This document shows exactly how much money it takes to satisfy your current home loan. Understanding this document helps you prepare for a smooth …
You found the perfect house, your offer was accepted, and closing day is on the calendar. It feels like the hard work is over. However, the period right before closing is crucial. Many homebuyers unknowingly jeopardize their purchase by making easily avoidable errors. Understanding what not to do is just as important as knowing your next steps. …
Have you ever wondered how the home buying process works? In this video, American Homeland Title attorneys John & Lewis go through the basic process.