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Earnest Money

Industry News

Industry News

How Does The Interest Rate Factor In Securing A Mortgage Loan?

http://bucket.wistia.com/medias/hp7cfqozui?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment. Interest rates can fluctuate as you shop...

What About A Home Located In A Flood Plain?

http://bucket.wistia.com/medias/7ng3gcy0fe?embedType=async&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you...

What Is Earnest Money, And How Much Should I Set Aside?

http://bucket.wistia.com/medias/uvfw3c314i?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith...

What Are “Home Warranties”, And Should I Consider Them?

http://bucket.wistia.com/medias/a641t1razu?embedType=async&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one year,...

Are There Special Mortgages For First-Time Homebuyers?

http://bucket.wistia.com/medias/vwg3n3ckwk?embedType=async&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home...

Is An Older Home A Better Value Than A New One?

http://bucket.wistia.com/medias/4yq749iaz8?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, there isn't a definitive answer to this question. You should look at each home for its individual characteristics. Generally, older homes may be...

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