ngramuglia3May 1, 20231 minWhat is a Seller's Disclosure?A Seller’s Disclosure is a legal document sellers must fill out stating any home defects that may affect its value. Requirements on what...
ngramuglia3Apr 24, 20231 minWhat is a Buydown?A buydown happens when the borrower purchases a lower interest rate by paying a premium called a “point.” If you expect to increase your...
ngramuglia3Apr 24, 20231 minWhat is a Bridge Loan?A bridge loan is a temporary loan used while permanent financing is being secured. Bridge loans often have higher interest rates. They...
ngramuglia3Apr 24, 20231 minWhat is a Title Search?A title search is performed by a title company or real estate attorney hired by the mortgage lender. The purpose of the title search is...