| The Deed in a Residential Real Estate Sale |
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| A transfer of land from a seller to a buyer must be accomplished through written documentation in order to satisfy requirements of the Statute of Frauds. Typically, real estate transactions involve many written documents from the offer, which is usually in the form of a contract to purchase, to the deed. More... |
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| Mortgage Servicing |
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| Jason just settled on his first home. During the closing Jason received a document that discussed mortgage servicing. In essence, the document indicated that Jason's lender transferred 99.9% of the loans it originated in the last year to another entity. And, just yesterday, Jason received a notice from his lender of its intention to sell his loan. What does all of this mean? More... |
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| Bi-Weekly Payment Plans |
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| Today, many homeowners opt to re-pay their mortgage obligations through bi-weekly payment programs. In fact, many mortgage lenders allow homeowners to make the election when the homeowner obtains the financing to purchase a new home.
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| Considerations When Renting a Truck for a Residential Move |
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| There are many choices available when one contemplates a residential move. Because of cost or other factors, many people decide to move their own belongings to their new home. When renting a truck to carry those possessions, there are many considerations to keep in mind.
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| Private Mortgage Insurance |
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| If you purchase a home and make a down payment of less than 20% of the purchase price, you may be required to purchase private mortgage insurance (PMI). In essence, PMI is a fee which provides compensation to the lender in the event the borrower defaults on the mortgage. More... |
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