News & Views
Changes to FHA Lending Announced
FHA has recently announced significant changes to FHA loans: The initial upfront MIP will increase from 1.75% to 2.25%, effective for any FHA case…
The Homebuyer’s “Ten Commandments” When Applying for a Home Loan
Have you noticed those new HRBlock commercials that show people asking those crazy but sincere questions like, “Can I claim my 30-year-old son as…
Why Surveys Are Important When Purchasing a New Home
A survey of your property marks the boundary lines of your little corner of the world. It also shows easements, utility pipes, fences, walls…
Think Your Home’s Improperly Assessed? Try Filing A Real Property Tax Return
Many properties have dropped in value since last year, but this does not mean that the property taxes will automatically go down. All real…
How to Estimate Your Monthly Property Tax Payment
A monthly house payment is made up of several items, but most of it is principal and interest. The other major part of the…
What Is “Escrow,” and How Does It Work?
If you’ve ever made an informal bet with a friend, you may have asked a third person to hold the money until the wager…