Rules for Investing in America as a Foreigner: A Primer
Raj and his wife Nila want to buy a house in America to be used as a vacation…
How Do I Prepare For A Smooth Closing?
There are several things you can do to be certain that your real estate transaction will close on…
What is the First Time Homebuyer Credit?
The First Time Homebuyer Credit is a credit available to taxpayers who purchase a primary residence during the…
What is an unrecorded easement?
Easements (those rights someone else has to use part of your property) are typically recorded in the public…
Why do I need a survey?
While the plat map attached to your preliminary title report will show the boundaries of the property, it…
Choose Right Settlement Agent for a Quick Closing
In spite of the recent shift in the real estate market, seeing sales slowing down in many areas,…
How Am I Taxed in an Installment Sale?
Installment sales are used to help spread out capital gains on a property for a period of more…
What happens to the mortgage if I inherit the property?
If you inherit a property in which there is a mortgage, under the federal law called the Garn-St….
How Do I Get a Copy of My Credit Report?
If you have been denied credit in the past 30 days, you have the right to request a…
I Am a First time Homebuyer. Is There a Special Loan for Me?
Many lenders participate in the Community Home Buyer’s Program, sponsored by Fannie Mae, which is specifically tailored for…
I’ll Fix The Roof After Escrow Closes
Often it may occur that the property you are buying, upon inspection, reveals a problem that needs correcting….
What is a Trust and Should I Create One?
A trust is an arrangement which dictates how your assets are to be managed and distributed. Trusts are…
How You Close on a Mortgage Is Your Call
By Sandy Gadow Special to The Washington Post As the record-setting volume of home purchases and mortgage refinancing…
What Are Fannie Mae Guidelines and Will I Qualify?
Your lender or mortgage broker may refer to “Fannie Mae Guidelines” when asking you for documentation supporting your…
Do I Need a New Title Policy When I Refinance My Mortgage?
You will not be required to obtain a new Owner’s Title policy when you refinance your mortgage, but…
What are the three types of easements?
Many properties have easements, often laid out when the subdivision was created. These easements may be for public…
Finding Hidden Costs on Your Closing Statement
Throughout the closing process, you will have been given various documents, some being mandatory government disclosure documents. These…
How can the Right of Rescission Protect Me?
The Right of Rescission is a protection given to borrowers under the Truth in Lending Act. This right…