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What Is Equity?

Apr 4, 2014 | Mortgages:

http://fwd4.wistia.com/medias/djumiqo1s1?embedType=iframe&videoFoam=true&videoWidth=640 Equity is the value YOU own in property such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current market. The example...

What Are Real Estate Commissions?

Apr 4, 2014 | Title and Closing

http://fwd4.wistia.com/medias/ibmy8xfs04?embedType=iframe&videoFoam=true&videoWidth=640 Like the video says - real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate transaction. When one...

What Is “Prime”?

Apr 4, 2014 | Mortgages:

http://fwd4.wistia.com/medias/w4sjqnsrw7?embedType=iframe&videoFoam=true&videoWidth=640 The Prime Lending Rate - sometimes just called “Prime” - is the interest rate that banks charge each other for overnight loans. Some consumer rates - like ARMs -...

Closing Costs Explained Visually

Apr 3, 2014 | Title and Closing

http://fwd4.wistia.com/medias/579osnfdsf?embedType=iframe&videoFoam=true&videoWidth=640 Purchasing a home is exciting. Once escrow begins, the excitement can change to frustration, particularly if you are not ready for the closing costs that quickly...