Top 10 Things You Need To Know About A Real Estate Appraisal Inspection
Did you know that real estate appraisals are required on a property whenever it’s financed – whether you’re buying a home or refinancing a mortgage?
The sad truth is few people really know how appraisals fit into the home buying process. That's not a good thing. People need to understand what appraisals are, who does them, and why they’re required. And most importantly, a real estate appraisal inspection Read more
Why You Need a Good Faith Estimate
A good faith estimate is extremely important when shopping lenders for your home loan. A good faith estimate is a piece of paper showing the buyer what can be expected for them to have to pay at closing. It is important to remember that this is only an estimate and does not hold up in closings. You will receive a HUD-1 prior to closing which should be a more accurate estimate of what your closing costs will be. The Real Estate Settlement Procedures Read more