All-In-One Mortgage
All-In-One Mortgage – David Reecher A mortgage loan that combines the features of a checking account, a home equity loan and a mortgage in order allow depositors to reduce the amount of interest... Read More
Alienation Clause
Alienation Clause – David Reecher A clause in a mortgage contract that requires full payment of the balance of a mortgage at the lender’s discretion if the property is sold or the title to... Read More
Adverse Possession
Adverse Possession – David Reecher A principle of real estate law that allows a person who possesses someone else’s land for an extended period of time to claim legal title to that land. L... Read More
Adjustment Frequency
Adjustment Frequency – David Reecher The frequency at which interest rate changes or resets on an adjustable-rate mortgage occur. Different adjustable-rate mortgages have different adjustment fr... 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
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
What is Beneficial Interest?
What is Beneficial Interest? – David Reecher A beneficial interest is the right to receive benefits on assets held by another party. Beneficial interest is often referred to in matters concernin... Read More