Closing refers to the meeting that will take place when the title of the property is transferred from the seller to the buyer. If you are financing your home, this will also be the time that you sign the mortgage papers and give the deed of trust to your lending institution as collateral for the loan. Any remaining closing costs …
5 Things to Understand Before Buying a House
Find Out Your Credit Score Most people have no idea what their credit score is – and this will be critical to financing your new home. So you need to obtain a copy of your credit report and make sure that everything is in order. If it isn’t, you need to correct any problems you encounter before applying for a …
The Process of Buying Your Home
The process of buying a house has changed significantly with the popularity of websites like Realtor.com and Zillow.com. Potential buyers can easily search for homes based on features and price, access historical sales data as well as basic census data about neighborhoods and ratings of local schools – all from their computer, tablet or cell phone. This leads some buyers …