You’re in the middle of the home selling process, having accepted a buyer’s offer. But after your house is appraised, the reported value comes back lower than the agreed-upon price. What happens now? Does the deal fall through? In many cases, especially i
Applying for a mortgage these days can be done with the touch of a button. However, even though the internet makes things extremely convenient, it can also create some challenges, namely the security of your personal information. When you apply for a mort
In today’s hot seller’s market, it may be difficult to find and buy a home as quickly as you would like. As of February 2021, the average mortgage loan took 53 days to complete from start to finish. If you add in time for property search and making offers
Even though the COVID-19 pandemic is waning in the U.S., millions of Americans continue to suffer financially from the effects. In fact, 2.3 million homeowners are still in mortgage forbearance plans, according to the Mortgage Bankers Association. Hopeful
Even though they have been inching up, mortgage interest rates still remain near historic lows, making it an excellent time to refinance. If you want to take advantage of these rock-bottom rates or if you want to pull money out of your equity, the first s
If you’re in the market for smaller home with less maintenance and cost, you’ve probably considered both condos and townhouses. However, you might not have realized that there are differences between the two in the types and cost of mortgages you can get.