Home Loan Fees: Difference Between Closing Costs vs. Lender Fees vs. Third-Party Fees
You will be charged two types of fees when accessing your equity with a new first mortgage They are lender fees and third-party fees Every transaction is unique, so the fees within these categories... more
When is the Best Time of Year to Sell a House
The best time of the year to sell your home will vary depending on a few factors that affect the selling of almost any home Some of these factors include the neighborhood around your house, tax... more
Buying House From Parents Below Market Value
In the past few years there’s been lots of talk online about how to create multi-generational wealth We see this a lot with ultra-wealthy families — think Rockefeller, Carnegie, and Rothschild... more
How Much Will My House Be Worth in 10 Years?
According to data from CoreLogic, home prices have increased over 20% in the past 12 months With such a large increase in a short amount of time, you may be wondering what your home value could be... more
How Long Does a HELOC Take?
If you need to borrow money from your home, you should know that it can take between two to six weeks to close on a home equity line of credit (HELOC) In fact, this is the case with most other home... more
How Long Does It Take to Refinance a Home?
Every year, countless homeowners consider refinancing their home, and there are plenty of questions that come with this process One question homeowners may have is, “how long does it take to... more
How to Prepare for a Home Appraisal Refinance?
Having your home appraised for a refinance will inform your lender what it’s worth before they extend you a loan You can prepare for a home appraisal refinance by doing things like repairing... more
Increase the Home Value of an Appraisal
The most straightforward, simple, and effective way of boosting your home’s appraisal value is to invest in small repairs, appliance updates, and smart improvements (ie bathroom improvements) These... more
8 Reasons to Refinance Your Mortgage When Interest Rates are Rising
Most homeowners refinance either to get a lower interest rate that will reduce the cost of their mortgage or to convert a portion of their equity into cash Many owners may not be aware of additional... more
Does a Home Equity Loan Require an Appraisal?
If you’re applying for a home equity loan, almost all lenders will require an appraisal to determine the value of your home Thus, a home equity loan does require an appraisal The same is true for... more