What is a HECM Loan?

What is a HECM Loan?

Even though a HECM loan is one of the most common sources of supplementary income for retirees, few people fully understand the details surrounding this reliable reverse mortgage loan type. Discover if a HECM loan fits your needs as we discuss what it is, who can use...
2023’s Projected Hottest Real Estate Markets

2023’s Projected Hottest Real Estate Markets

Not all real estate markets are created equal. Where some are sluggish, others are ramping up to be the hottest in the nation. While Perpetual Title can help you achieve your housing dreams nationwide, here are 5 of the hottest real estate markets in which Perpetual...
Reverse Mortgage Closing Costs: What to Expect

Reverse Mortgage Closing Costs: What to Expect

A reverse mortgage is a unique type of loan that lets homeowners borrow money by leveraging their home’s equity. While there are plenty of benefits to a reverse mortgage, homeowners will want to consider the associated closing...
How Does a Reverse Mortgage Work for You?

How Does a Reverse Mortgage Work for You?

What if a home loan could help you pay off your mortgage, settle your debts, and create cash flow so you can achieve your life goals? It may sound like a fantasy, but a reverse mortgage converts your home’s equity into money in your pocket. Interested in...
What is a Special Assessment in Real Estate? 

What is a Special Assessment in Real Estate? 

Between property taxes, homeowners insurance, HOA fees, maintenance costs, and more, the miscellaneous costs that come along with homeownership can really add up! Among these fees is one known as a special assessment. So, what is a special assessment? Great question!...
3 Reasons to Invest in REO Properties

3 Reasons to Invest in REO Properties

Within the first 6 months of 2022, mortgage brokers, investors and banks have had to foreclose on 20,750 REO properties. As a result, lenders’ portfolios have become flooded, leaving these properties to gather dust on the real estate market. Yet, few homeowners or...