What Do I Get At Closing?

by | Jan 13, 2014 | Title and Closing

As we show you in this video: The Settlement Statement, HUD-1 Form, which itemizes services provided and the fees charged; it is filled out by the closing agent and must be given to you at or before closing. A Truth-in-Lending Statement A copy of your Mortgage Note...

What Is PMI?

by | Jan 13, 2014 | Mortgages:

This video tells you about it all. PMI stands for Private Mortgage Insurance or Insurer. These are privately-owned companies that provide mortgage insurance. They offer both standard and special affordable programs for borrowers. These companies provide guidelines to...

What Are 203(B) And 203(K) Loans?

by | Jan 13, 2014 | Federal Programs

The video puts this in more visual terms, but 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines limited lender’s fees, and a maximum loan amount. 203(k) loans enable homebuyers to finance both the purchase...

How Do I Set The Price On My House?

by | Jan 13, 2014 | Going To Market:

While this video simplifies things to help you remember: your aim is to get the best price AND terms in your market during the period you’re selling. Market conditions interest rates and competition all matter. The price you want, and the price a buyer will pay are...

How Is A Home Marketed?

by | Jan 13, 2014 | Going To Market:

As you’ll see in the video, every home and market is a unique situation. Good marketing plans are specific to both. But every plan will include: Preparation Pricing and Marketing Activities. Preparation takes time – typically, months. Homes must be in “show”...