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What Exactly is a Mortgage Transfer?

With the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate that were agreed upon with their lender.

What Types of Liens Can Cloud the Title on My Property?

Real estate transactions aren’t always free of unpleasant surprises. Sometimes a home inspection will uncover an unknown issue or the buyer won’t be able to secure financing despite being pre-approved.

But there’s another potentially unexpected issue that can arise after an offer has been accepted: property liens.

Why Should Buyers Sign a Buyer’s Representation Agreement?

Buying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial for many reasons, but the details of this professional relationship should ideally be outlined in a contract, known as a Buyer’s Representation Agreement.

Pros and Cons of Buying in a Gated Community

The thought of a gated community might conjure up visions of ritzy neighborhoods in Hollywood where all the hottest celebrities tend to live. Behind those gates are thought to be incredible homes on amazing lots with fabulous amenities at the fingertips of all who dwell there.

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