Month: December 2019
Why Getting Pre-Approved Should Be Your First Step
Why Getting Pre-Approved Should Be Your First Step – David Reecher In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes... Read More
What is Certificate of Title?
What is Certificate of Title? – David Reecher A certificate of title is a state or municipal-issued document that identifies the owner or owners of personal or real property. A certificate of ti... Read More
Why Is There So Much Paperwork to Sign to Get a Mortgage?
Why Is There So Much Paperwork to Sign to Get a Mortgage? – David Reecher We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a hom... Read More
Assessed Value
Assessed Value – David A Reecher The value used by the governing authority (i.e. either the local government or the condominium association) by which to levy a tax or fee on the property owner. ... Read More
Sale-Leaseback
Sale-Leaseback – David Reecher A technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller. David Reecher... Read More
Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t
Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t – David Reecher If you are planning on listing your home for sale, make sure that you don’t overlook the condition of ... Read More
Whether You Rent or Buy, You’re Paying a Mortgage
Whether You Rent or Buy, You’re Paying a Mortgage – David Reecher There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Ev... Read More
loan-to-value (LTV)
loan-to-value (LTV) – David Reecher The percentage relationship between the amount of the loan and the appraised value or sales price (whichever is lower). David Reecher... Read More