A deed of trust is an agreement between home buyers and lenders at the closing of a property. Learn about trust deeds and how they differ from mortgages.

Explore the difference between appraisal amount and loan amount and how the home appraisal amount affects selling price or the mortgage loan amount.

The Wealth Wednesdays series explores the political and societal forces that have historically kept those in the black community from seeing their light and ...

Proof of funds (POF) is a document that shows how much money a person or entity has available. Learn more about POF letters when getting a mortgage.

Buying a house with a septic tank can feel intimidating, but it doesn’t have to be. Read on to learn about the pros and cons of using a home’s se...

Your first mortgage payment is always due to your lender within 60 days of your closing date. Get more details about your first mortgage payment after closin...

Mortgage loan originators (MLOs) guide borrowers through the home loan process, from application to closing. Learn what an originator can do for you.

It’s every home buyer’s nightmare – the home inspection report reveals foundation problems. Find out what to do if you’re buying a ho...

There are many pros and cons to buying a house with your child. We cover cosigning, selling, gifting and renting a house to your child in this complete guide...

A home is under contract when the seller has accepted an offer from a buyer to purchase the property. Read more about what under contract means in real estat...

Renters insurance is a way for renters to protect themselves and their belongings when renting property. Learn about what’s covered with renters insura...

To qualify for some mortgages, your lender may need a letter of your intent to occupy the property. Learn what the letter should include and how to write it....

Carrying costs in real estate are ongoing expenses property owners must budget for. Learn more about which carrying costs to expect and how much they are.

Deed restrictions can limit what property owners do on their land. Learn about deed-restricted communities and real estate, what they are and how they work.

If you’re a property owner with big plans for your home or land, you may need a variance to make changes. Learn what a variance is and how to get one.<...

A conditional approval means your lender expects to approve your mortgage once you meet certain conditions. Discover how conditional approval works.

When you buy a home with a co-borrower, you typically share ownership of the loan and the home. Let’s explore the pros and cons of having a co-borrower...

A convertible ARM loan allows a borrower to change from adjustable to fixed rates after a set time. Discover how this mortgage type works and its pros and co...