Feb 3, 2022 | Investors, Real Estate
For real estate investors looking to sell and buy new properties, one process they should be familiar with is the 1031 exchange. The term 1031 exchange gets its name from the Internal Revenue Code (IRC). While there are many benefits of 1031 exchange, understanding...
Oct 26, 2021 | Buying, Real Estate
As mortgage rates continue to fluctuate, homebuyers are always looking for ways to save money when they can, especially on such a large investment. One way buyers can try to save some money is by purchasing mortgage points, also known as discount points. But what are...
Oct 12, 2021 | Buying, Real Estate
Before purchasing a home, consider hiring a professional home inspector to perform a thorough inspection of the property. A home inspection is a critical part of the home buying process and gives you the chance to evaluate the home for faults that could change your...
Sep 21, 2021 | Buying, Real Estate
When it comes to homeownership, there are many benefits to owning your own home. However, many first-time homebuyers believe that renting is the better financial play. While it is a huge investment, there are many benefits of buying vs renting a home: here is what you...
Jun 10, 2021 | Buying, Real Estate
Buying a home is an expensive investment. From paying appraisal fees, inspectors, and purchasing a title insurance policy, there are many closing costs to be aware of. When buying a home in a tight housing market, one cost you may have not heard of is earnest money,...
Feb 24, 2021 | Real Estate
If you’re using a mortgage to purchase a home, you’ve probably heard the word “escrow” used in a few different contexts. In most cases, your lender will require you to have an escrow account before continuing with the mortgage process. But what...