freedigitalphotos.net GFE and HUD-1: GFE stands for good faith estimate and is a document for borrowers listing estimated costs of the mortgage loan including points (if any), lender’s origination fee, title insurance, attorney fees, etc. HUD-1 refers to the Department of Housing and Urban Development. Once the mortgage closes, the
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Why Do I Need A Realtor?
Freedigitalphotos.net Realtors stand out from the crowd in the real estate industry. Not every person selling homes can call themselves a Realtor. Realtors are members of the National Association of Realtors and they follow a strict code of ethics. Realtors also possess a greater knowledge of the process of buying
Continue readingTips For Moving Cross-Country
Flickr Give yourself plenty of time: If possible, start preparing for the move 8 weeks prior to your moving date. Figure out the best moving method for you: Determine whether you should pack everything into your car and drive yourself, if you need to rent a moving truck, or have a professional
Continue readingWhat Do Homeowners Want?
Realtybiznews Flickr The Demand Institute conducted a study regarding what American homeowners want that they don’t have. Here is what they found: Energy efficiency: 71% of households polled said that energy efficiency in their home was important but only 35% said they were currently satisfied with how energy efficient their home
Continue reading9 Things To Buy Secondhand For Your First Home
Flickr Silverware Dishes Glasses and cups Toaster or toaster oven Dining table Side table Lamps Bedframes Decor
Continue readingBenefits Of Owning A Home
Freedigitalphotos.net Tax deductions: Mortgage interest and property taxes are actually a huge benefit to a homeowner when April 15th comes along. Appreciation Equity: The portion of the home that is actually owned rises over time. Equity and appreciation often leads to the purchase of a better second home. According to the National
Continue readingReal Estate Ad Terms And Lingo
Flickr.com 4B/2B: 4 bedrooms and 2 bathrooms Assum.fin.: assumable financing Closing costs: The entire package of expenses paid by the buyer and the seller when the real estate deal closes. These costs include the brokerage commission, mortgage-related fees, escrow or attorney’s settlement charges, transfer taxes, recording fees, title insurance, etc.
Continue readingThings To Ignore While House Hunting
msn freerangestock.com It can sometimes be easy to focus on the little things you see in a home that you don’t particularly care for and to miss the positive attributes of the home. It can be difficult to envision yourself in a home when you are surrounded by memories of
Continue readingAmazing New Listing In Shorewood
24650 W. Park River Lane in Shorewood, IL Located at 24650 Park River in Shorewood. Not all Homes are equal, and this one proves it! Beautifully custom built home in Shorewood! This is a Estate Ranch Home on 2.5 Acres and it is Backing to the the DuPage River!
Continue reading5 Reasons To Buy A House In The Next 4 Months
Flickr.com Home prices are climbing but not at the highs of a few years ago: Although home prices are rising from the lows of 2008, they are still not as high as the 2006 market. A market in recovery can mean significant appreciation over the next few years for homebuyers making
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