Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years

In today’s housing market, where supply is meager and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5% (or more) over the next twelve months. One major challenge in such a market is the bank appraisal. When prices are surging, it is difficult for appraisers […]

How to Save Money With VA Loans in San Diego

VA loans in San Diego are available for eligible veterans who desire to buy a house with some fantastic benefits. If you are looking to purchase a new home in the San Diego area, you may already be gathering all of the information that you need to complete the process successfully. Though you may have […]

Private Mortgage Insurance Definition Explained – What is PMI?

When it comes to buying a home, whether it is your first time or your third, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI). Private […]

What Are Closing Costs On A House?

What Are Closing Costs On A House? First time home buyers have many essential considerations, and one of their most frequent questions is, What are closing costs on a house? The closing occurs when an intermediary conveys the title of the purchased home or another piece of real estate.  The parties involved can expect that […]

Why Is There So Much Paperwork to Sign For a Mortgage?

Why is there so much paperwork mandated by the bank for a mortgage loan application when buying a home today? It seems that the bank needs to know everything about us and requires three separate sources to validate every entry on the application form. Friends and family tell many buyers that the process was a hundred times easier […]

Mortgages Explained in Basic Terms

There are many different types of mortgages, so it is a good idea first to understand mortgages explained in basic terms.  Because few people have enough cash to buy a home outright, a mortgage must come into play.  Becoming educated about mortgages is one of the most critical tasks you can accomplish in the home […]