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What Do Lenders Have To Tell You About Your Real Estate Loan?
http://fwd4.wistia.com/medias/audp2340gm?embedType=iframe&videoFoam=true&videoWidth=640 Federal “disclosure” forms define the information that creditor businesses MUST provide to consumers applying for real estate loans. As of Oct 1, 2015 lenders must provide...
What Is Equity?
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?
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”?
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 -...
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