A Loan Estimate is a document that details the terms of the home loan you are applying for. By law, the lender you applied for a mortgage with must provide the loan estimate to you within three days of them receiving the application.
Real Estate agents need to be familiar with TRID and be mindful of the rules in order to assist both buyers and sellers. The below points are essential for agents to understand to keep closings on track and meet clients expectations.
What are Fixtures in Real Estate?
A legal concept that perplexes many and often gives rise to disputes during the purchase or sale of any the house or property is the topic of fixtures. This is because what is perceived as fixtures by a buyer might not tally as what is considered fixtures by the seller.
If you’re in the market for a new home, it's likely you’ve come across properties that are part of an HOA, or homeowner’s association. An HOA is essentially an organization that makes and enforces the rules for planned communities, such as developments comprised of condominiums, town houses or single-family homes.
Whether you are moving to a new town to experience something different or you're transferring for a job, the experience can be exciting, expensive and lonely all at the same time.