Most people typically decide to refinance a mortgage when they find themselves in a situation of great uncertainty. This can ultimately be a sound course of action, although it’s crucial to conduct extensive research and select a reputable lender. The practice of refinancing remains incredibly common in the United States, and for good reason. According […]
Benefits Of Refinancing A Mortgage
Refinancing a mortgage is a frequently available option that can help you reduce your monthly payments, pay lower interest rates, or replace an adjustable-rate mortgage (ARM) with a fixed-rate (FRM) one. Some people choose to refinance to acquire sufficient cash for a home remodeling project, while others may simply wish to pay off other outstanding […]
What It’s Like Refinancing A Home During COVID-19
Most people would likely agree that managing mortgage payments during a mild economic recession is challenging. However, it can be even more arduous to be a homeowner when the economy takes a sharp downward spiral due to the spread of a contagious virus such as the coronavirus (COVID-19). According to the Center for Disease Control […]
Common Issues Found In Property Titles
During a real estate transaction, part of the due diligence process of a title company involves checking the property title report for errors or other issues. The property title report will generally reveal any judgments, liens, or deed restrictions that may affect the property. Unfortunately, property title problems are not always discovered until after a […]
The Benefits Of A Home Appraisal When Buying A Home
There are many steps involved in the process of purchasing or refinancing a home. The home appraisal is one of these steps. The process itself can appear to be short and therefore inconsequential, but in reality, a home appraisal is critical to ensure a fair home sale for all parties involved. Understanding this process and […]