Real Estate Appraisals

When buying a home, it is important to have an appraisal. While this is a standard process for mortgage transactions, many people also need an appraisal for a variety of reasons. For example, they may need to sell the house for a reason other than the mortgage. In other cases, they may want to sell …

Real Estate Appraisals Read More »

Purchasing a Vacation Home

Purchasing a vacation home is not for everyone. The purchase can be a serious financial commitment and should be taken with care. Several factors should be considered before making the purchase, including the location, style, and comfort. The financial goal for the purchase should also be considered. The type of home you choose is essential …

Purchasing a Vacation Home Read More »

Equity in Real Estate

The difference between the market value of a home and its mortgage debt is the equity. It is the amount of money you have in the property after paying off the mortgage or selling it. When you own your home outright, you have equity in it. It is also known as asset minus liability. The …

Equity in Real Estate Read More »