Overview There are many loan options available to homebuyers. Whether a first-time buyer or a veteran in the market, acquiring the right loan and knowing the advantages and disadvantages is essential. In some cases, buyers assume a secured loan from the seller, also known as an assumption. … [Read more...] about What is an assumable loan, and what are some practical considerations?
Industry terms run wild in real estate, and some may seem interchangeable. This week's blog will discuss the similarities and differences between inspections and appraisals. Appraisals Lender-driven: The lender orders an appraisal to know the home's value. An appraiser will come to the house … [Read more...] about Inspection vs. Appraisal
Shining our employee spotlight on our team members is one of our favorite things because without them establishing relationships and providing service that is second to none, we couldn’t deliver the smooth settlements on which we pride ourselves. This time, we are shining our employee spotlight on … [Read more...] about Shining our Employee Spotlight on Krista Windschitl, Senior Processor, McLean & Arlington
“The best-laid plans of mice and men often go awry.” Robert Burns The closing process is often smooth and seamless from start to finish, but there are some things you should be aware of that may come up that you'll want to avoid to ensure that your buyers and sellers navigate the process easily … [Read more...] about The Most Common Closing Mistakes
June is National Homeownership Month, and this month marks the 21st anniversary of recognizing and celebrating the American dream of owning a home. It’s also an opportunity to honor organizations that help individuals and families find and purchase a home that is right for them. In 1995, this … [Read more...] about June is National Homeownership Month
In our industry, the news consistently shares that wire fraud is still prevalent, and we share tips and strategies to combat fraud. Today, a true story of wire fraud and its effects when it hits home is an opportunity to understand how difficult it truly is when a scammer steps in. This story … [Read more...] about A True Story of Wire Fraud