Ideally, a buyer enters the housing market with a pre-approved loan and searches for a home based on that loan amount with specific mortgage rates. However, with rising interest rates, a buyer may be looking for ways to obtain a lower interest rate. One of those ways is by assuming the seller’s … [Read more...] about Loan Assumptions
According to Webster’s Dictionary, an easement is an interest in land owned by another that entitles its holder to specific limited use or enjoyment. Today, we’ll discuss two types of easements…utility and ingress/egress. Most homeowners would claim their property doesn’t have easements, but if a … [Read more...] about Easements
A Smooth Search and Settlement from Start to Finish
In June of 2021, Adrienne and her husband, Matt, decided to relocate to Maryland from Chicago to be closer to family. As first-time homebuyers, they turned to Jeff Ganz, a CENTURY 21 Redwood Realty agent who has 21 years of experience in the real estate industry and serves buyers and sellers in … [Read more...] about A Smooth Search and Settlement from Start to Finish
How Much Money Should the Buyer Bring to Closing?
From start to finish, the budget for your home buying journey is an important piece of the whole puzzle. Loan amounts and fees for all involved need to be considered, but today, we would like to talk about how much money you might need at your closing appointment. That amount will largely be … [Read more...] about How Much Money Should the Buyer Bring to Closing?
Breakdown of Title Insurance: Standard Owner’s vs Enhanced?
When you are buying a home, title insurance is often a topic that gets thrown into a closing packet...never to be thought of again…unless you work with us. During the process, Highland Title + Escrow will explain why it’s important to have title insurance. It’s a one-time fee that protects your … [Read more...] about Breakdown of Title Insurance: Standard Owner’s vs Enhanced?