Category: Uncategorized
Reverse Mortgage
Reverse Mortgage – David Reecher A reverse mortgage is a loan, but it is only available to homeowners that are over a certain age and that have a specific amount of equity in their homes. While ... Read More
Being weighed down by an unmanageable mortgage?
David Reecher writes: If you or someone you know is being weighed down by an unmanageable mortgage, the key to getting through is educating yourself on the options. Unfortunately, there is so much inf... Read More
What are net proceeds in real estate?
What are net proceeds in real estate? – David Reecher Net proceeds refers to the amount of money a seller takes away from selling a home. This is different from the homeowner’s equity in t... Read More
What is an estoppel certificate?
What is an estoppel certificate? – David Reecher An estoppel certificate is a signed statement of facts that cannot later be contradicted by the signer. It is used in mortgage negotiations to es... Read More
What is an estate sale?
What is an estate sale? – David Reecher An estate sale occurs when a homeowner dies or moves to an assisted-living facility. Those who inherit the home get the proceeds from the sale. If the own... Read More
What is a deed-in-lieu?
What is a deed-in-lieu? – David Reecher A deed-in-lieu is a deed that transfers ownership of a home from a borrower to the borrower’s lender to avoid foreclosure proceedings. A borrower ... Read More
Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories
Year-Over-Year Sales Increases Reach Double Digits in 5 Price Categories – David Reecher The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compar... Read More
4 Tips To Help You Sell Your House Fast
#1:Depersonalize – Remove the walls of family photos because it is difficult for a potential buyer to visualize the house being theirs when pictures of strangers are everywhere – and it m... Read More