Blog

 

How Mortgage Originators Thrive in Stagnant Markets

Posted on Friday March 15, 2019
 
mortgage originators
Share

This year is likely to be a watershed for the mortgage industry. Mortgage originators must be prepared for change, especially those that have little or no experience working in a slowing or stagnant housing market.   As margins compress, executives will have to make tough decisions regarding staffing and commissions….
[ Read More… ]

 

A Guide to Understanding Escrow

Posted on Thursday February 21, 2019
 
A Guide to Understanding Escrow
Share

Escrow Defined   An escrow account, in real estate, is an account run by an escrow company who maintains all of your essential belongings in a safe and secure holding area. These items are kept here until the deal has been closed and the house has been transferred from seller…
[ Read More… ]

 

Transitioning from Renting to Buying a Home

Posted on Monday February 11, 2019
 
Transitioning from Renting to Buying a Home
Share

Are you ready to move out of your apartment and into your first home? Before you do, you should know that transitioning from renting to buying a home isn’t always a simple process. As a renter, you have probably become accustomed to only worrying about a few things: paying your…
[ Read More… ]

 

How a Foreclosure Sale Works

Posted on Monday January 21, 2019
 
how a foreclosure sale works
Share

For prospective home buyers yearning for an exceptional deal on a house, purchasing a foreclosed home can be a good option. A foreclosure occurs when a homeowner fails to make payments on their mortgage and must transfer ownership of the home to the lender. Thereafter, the lender will attempt to…
[ Read More… ]

 

Housing Market Forecast for 2019: What to Expect

Posted on Monday January 14, 2019
 
housing market forecast
Share

Could the housing market see positive changes in 2019? Rising mortgage rates, low housing inventory, and steep prices have all been significant issues recently. While mortgage rates and prices are not expected to improve anytime soon, there are some positive changes expected to come in the new year. In our…
[ Read More… ]