Recent Articles

5-minute read
PITI: What it stands for and what it means
Your mortgage payment includes principal, interest, taxes, and insurance, also known as PITI. Learn how PITI can help you budget effectively for buying a home.
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5-minute read
What is a probate sale in real estate?
A probate sale takes place when an owner dies without a legal will. Learn how to buy a probate property and see if probate real estate makes sense for you.
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6-minute read
What is rental property depreciation and how does it work?
Real estate depreciation is a rental tax break available to landlords. The IRS assumes a property will depreciate by 3.6% per year and lets you deduct the lo...
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5-minute read
What is an open house and how does it work?
An open house is an event a seller or their real estate agent hosts to allow potential buyers to view their home in person. Learn how it works.
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4-minute read
What is an FHA mortgage insurance premium (MIP)?
FHA mortgage insurance premiums, or MIP, are mandatory fees for FHA borrowers. Learn how much they cost, how to pay less, and how to stop paying for MIP.
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5-minute read
What is an assumable mortgage and how does it work?
An assumable mortgage lets a buyer take over the owner’s mortgage payments. Learn more about how an assumable mortgage works and if it’s ideal for y...
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7-minute read
How long does underwriting take?
Learn how mortgage underwriting works, how long the process usually takes, and steps you can take to speed...
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7-minute read
What is Fannie Mae (FNMA)? A guide for home buyers
Fannie Mae is a government-sponsored enterprise that buys mortgages from lenders. It also determines conforming loan limits, which may impact your loan.
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4-minute read
A homeowner’s guide to property tax in New Jersey
NJ property tax is getting higher. Learn more about where New Jersey taxes are highest, how to pay them, and more with our guide.
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