After your offer on a home is accepted, one of the necessary first steps is the title search. If you’re getting a mortgage, the lender will typically order it. The purpose of a title search is to find any claims or liens on the property or other issues that would...
Month: December 2020
Is a short sale an easy purchase? Is it worth it?
Buying a short sale can be a great way to get a property at a low price. However, it is a risk. While the sellers are trying to avoid going into foreclosure, their mortgage lender still has to agree to take less for the home than it is worth. Short sales seem like...
Is it better to buy a home than it is to rent?
You may aspire to a home to call your own. With mortgage rates continuing to trend downward, homeownership may very well be within your reach. However, you may wonder whether owning a home is better than renting an apartment. Whether one option is indeed “better” than...
