Being a real estate agent has become synonymous with “the ideal job.” The profession allows you to take total ownership of your career. However, to get to this level of job comfortability, there is essential hard work that you need to put in. The following are crucial steps that will help you get started as […]
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FHA loan requirement basics
FHA loans work best for people who want to purchase a home but don’t have a stellar financial history. Since 1934, FHA loans have been provided by approved private lenders. Potential homeowners are able to obtain this type of loan because the loan is insured by the Federal Housing Administration, the FHA. FHA Pros FHA […]
Forget your job title. You are in sales.
A loan officer, an escrow closer, a transaction coordinator and a receptionist are having dinner together. Which one is the salesperson? None, right? One is in the business of approving loans, another closes the deal, another coordinates all of the moving parts, and the last one answers the phone and greets customers. They’re not in […]
Working with your loan officer
The relationship between a mortgage loan officer and a Realtor or real estate agent is symbiotic. Both rely on the other in order to complete their job. They rely on each other to compose real estate transactions that are infamous for complicated paperwork and unforeseen roadblocks. The two rely on each to complete complicated paperwork […]
Who Pays for Title Insurance?
In just about every state, title insurance is required in order to purchase a home or property. Title insurance protects against your losses if a property’s title to the land is different than what was insured. This is for the protection of the buyer and all other agents involved in the property’s sale. In a […]
Why is Location Important When Buying a Home?
Purchasing a home in a good location makes the property a solid, long-term investment. All other aspects of a home can be changed, including the size of the house. Homes can be revamped and reworked to any stretch of the imagination, but the one thing you can’t change is the home’s location. When you decide […]