This blog will cover the real estate purchase contract and purchase agreement. A real estate purchase contract and purchase agreement is a binding contract for both the home buyer and the home seller. Once a buyer decides to enter into a real estate purchase contract and purchase agreement, homebuyers with their real estate attorneys should…
This ARTICLE Is About Home Inspection During The Home Buying And Mortgage Process A Home Inspection During The Home Buying And Mortgage Process is not required. An appraisal is mandatory for all homebuyers who plan on getting a mortgage. A home inspection is highly recommended. There are countless homebuyers wanting to save $200 to $500…
This ARTICLE Is About Wealthy Illinoisans Fleeing State To Lower Taxed States Wealthy Illinoisans Fleeing State To Lower Taxed States than any other states in the nation: High Illinois taxes are forcing Wealthy Illinoisans Fleeing State To Lower Taxed States than any other state in the nation Illinois Governor J.B. Pritzker’s proposed progressive tax is…
All mortgage lenders require borrowers to start shopping for homeowners insurance premiums. You choose your hazard and fire insurance company. You are responsible for comparing premiums and selecting coverage. Dale Elenteny, a senior mortgage loan officer at Gustan Cho Associates, says the following about shopping for homeowners insurance premiums: Shopping for homeowners insurance premiums can…
This guide covers getting a mortgage and buying a house in the Virgin Islands. A series of breathtakingly stunning islands only a hop, pass, and bounce from the American mainland, the American Virgin Islands has long been considered America’s Caribbean and is one of the most specific locations inside the country for American consumers to…
This guide covers the steps to shopping and buying a house in Hawaii. Buying a house in Hawaii can be quite costly. Home prices in Hawaii are above the national average. Besides high home prices, everything in Hawaii costs more than the mainland U.S. Many homebuyers buying a house in Hawaii will discover that home…
The mortgage markets plays a crucial role in the overall economy, and its performance significantly impacts various sectors, including real estate investments. Despite soaring inflation, the Federal Reserve Board keeps increasing interest rates, which means higher mortgage rates. Rising inflation and the potential for interest rate hikes in the future have introduced an element of…
In this guide, Ronda Buts, a dually licensed realtor and loan officer at Gustan Cho Associates and the Editor in Chief of One Solution Real Estate, will cover the importance of home inspections when buying a home. A professional home inspection is essential if you or someone you know is planning to purchase a new…
In this guide, we will cover buying a house near an airport. When searching for a new home, location is everything, including proximity to an airport. Living near an airport may provide easy access to travel and other amenities but poses significant drawbacks. Dale Elenteny of Non-QM Mortgage Lenders lived near an airport for many…
We will discuss the expertise of our loan officers at Non-QM Mortgage Lenders, powered by Gustan Cho Associates. We will explain why our loan officers at Non-QM Mortgage Lenders, powered by Gustan Cho Associates, can do loans while other mortgage companies cannot. Non-QM Mortgage Lenders is partnered and powered with Nexa Mortgage and is licensed…
This blog will cover mortgage escrow guidelines required by mortgage lenders. In the following sections, we will cover what mortgage escrows are, how escrows work, and what mortgage escrow guidelines are. Ronda Butts of Non-QM Mortgage Lenders explains mortgage escrow guidelines as follows: Lenders set up escrow accounts to ensure homeowners pay their property taxes…
In this guide, we will cover how rent-to-own homes work. We will detail rent-to-own homes and why rent-to-homes are becoming increasingly popular among first-time homebuyers. Are you Tired of your rents increasing with no notice and with ridiculous increases? What Are Rent-To-Own Homes? What if I could tell you that you could enjoy the benefit…
In this blog, we will cover and discuss how to hire the best real estate agent to list and find your new home. We will also do a feature on the Broker/Owner of the Balado Group, Tracie Balado. In this blog, we will cover and discuss how to hire the best real estate agent to…