Benefits of Buying vs Renting: Factors to Consider

Benefits of Buying vs Renting: Factors to Consider

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...
What is Earnest Money, Exactly?

What is Earnest Money, Exactly?

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,...
Standard vs. Enhanced Title Insurance Explained

Standard vs. Enhanced Title Insurance Explained

While title insurance may be viewed as just another extra cost, it actually provides value to the homeowner. Title insurance is used to protect you from any past title defects associated with the home. There are two types of title insurance:...
What is Escrow on a Mortgage and How Does it Work?

What is Escrow on a Mortgage and How Does it Work?

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...
How to Compete in a Tight Housing Market

How to Compete in a Tight Housing Market

Demand for housing is at an all-time high. When the marketplace is hot, buying a home can become a frustrating experience. You fall in love with a house, only to find out you weren’t the first bidder, sometimes many times over. In some locations, property sells within...