Refinancing your home can be a great way to lower your monthly mortgage payment or to access your home’s equity. …
7 Things You Need To Know Before Getting a Home Mortgage Are you considering taking out a home mortgage? It’s …
Would you buy a home with Bitcoin? Would you sell your home and accept a Bitcoin offer?
Transaction apps were quickly adopted for convenience, but are they really safe to send and receive money on? A former banker breaks it down.
When a person dies, his or her estate must usually be probated. Probate is a process for determining who receives property and assets and settling debts against the estate. Although probate can be time-consuming and expensive, there are strategies to minimize probate costs
Considering a home refinance? If you are, you may have a lot of questions. These can include: What does it mean to refinance? What does a loan for refinancing mean? What role in the process does the title company have?
Closing costs add up to anywhere from 3% to 6% of the purchase price. This means if your home is $400,000 and your closing costs are 4%, you’ll owe $16,000 at closing.
Some examples of costs common during a closing:
Home equity is the difference between what you owe on your mortgage and the current value of your home. You can build equity as you pay down your loan balance and as the market value of your home increases. If you still owe money on your mortgage, you only own the percentage of your home that you’ve paid off. Your mortgage lender owns the rest until you pay off your loan.