CLOSING TIME: 5 STEPS EVERY HOMEOWNER SHOULD EXPECT
Your long home-buying journey is almost over. You found the home you love, the seller agreed to your offer and now it's time for closing. Of course, there's a lot to think about right now, and the last thing you want is something to go wrong. So make sure you work...
Lower payments with adjustable rate mortgage: What to know
As interest rates continue to rise, you might start considering an adjustable rate mortgage. An ARM might seem like an attractive option because of the low initial interest rate compared to the typical 30-year-fixed-rate mortgage. However, that rate is likely to...
Lower payments with adjustable rate mortgage: What to know
As interest rates continue to rise, you might start considering an adjustable rate mortgage. An ARM might seem like an attractive option because of the low initial interest rate compared to the typical 30-year-fixed-rate mortgage. However, that rate is likely to...
HOW TITLE INSURANCE PROTECTS ALL HOMEBUYERS
HOW TITLE INSURANCE PROTECTS ALL HOMEBUYERS Whether you're purchasing a new or existing home, or refinancing, title insurance protects you against any problems affecting the title to your home. The Basics There are two types of title insurance: the owner's policy...
WHY 20% OF HOMEBUYERS MAY NOT SLEEP TONIGHT
Each year, approximately 20% of homebuyers fail to protect themselves by not getting owner's title insurance. Unfortunately, this leaves them exposed to serious financial risk-causing endless worry and regret. If you're thinking of buying a home, here's what you need...
ALTA Discusses Wire Fraud on AARP Perfect Scam Podcast
Every year mortgage closing scams cost homebuyers millions of dollars and, tragically, sometimes even their homes. These scams aren’t new, but with the COVID-19 pandemic, there’s been a rise in this type of fraud. AARP talked with a recent homebuyer who moved back to...
6 Steps to Closing
6 Steps to Closing Once you’ve found your perfect home and your offer has been accepted, it’s time to close on your home. Many people think signing a contract on a house is the beginning of the end of the home-buying process; however, this is not necessarily true. The...
Understand Fraud During COVID-19
Danielle McCoy, VP and Fair Lending Officer, Fannie Mae, spoke on what the GSE is doing to ensure borrowers are not scammed during times of financial hardship. Danielle McCoy is Fannie Mae’s VP and Fair Lending Officer. She reports to the EVP, General Counsel, and...
Realtors Report that their Customers are Back
A new survey by the National Association of Realtors® (NAR) has found that the vast majority of its members feel as though their businesses are back on track. NAR says, "After enduring months of setbacks brought on by the coronavirus pandemic...more than nine in 10...
Future of Housing Market 2020
Mending from the sudden sharp drop in activity due to the coronavirus crisis, real estate across the United States is heating up, rekindled by growing demand and insufficient supply. The National Association of Realtors’ (NAR) pending home sales index, a...