Finance

Jan. 15, 2018

Was That Escrow Deposit Made?

Was That Escrow Deposit Made? How to Verify

By Meredith Caruso

Jan. 15, 2018 – A lot of Legal Hotline questions focus on escrow deposits, and a significant number of those questions come from listing agents who are upset that they haven't received proof that the funds actually made ...

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Posted in Finance, Open House
Nov. 26, 2017

5 Steps to Obtaining a Mortgage

Mortgage Resource

Today’s stricter lending environment means that processing a mortgage application is more complex than ever, given the number of steps that lenders, underwriters, and mortgage insurers must all complete before home buyers truly have their financing in place.

To help ensure the process goes smoothly, you can also take steps ...

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May 14, 2017

Guide to Buying a Home: Down Payment Comparison

Ready to buy a home? See what your monthly mortgage principal and interest payments would be with various down payments for a 30-year term: 

Loan Comparison

This post has been authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Web site. As ...

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March 27, 2016

This Week’s Housing Markets

Catch up with this Week’s Housing Markets in a Minute!

Source:  Acopia Home Loans

  

For the Week Ending March 25, 2016
 

  


The labor market continues to show strength, with jobless claims remaining below 300,000 for the 55th week. A tight labor market supports a Fed policy rate ...
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Feb. 13, 2016

No More Closing Surprises

New Mortgage Disclosure Guidelines Simplify the Closing Process

Thanks to new mortgage disclosure guidelines from the Consumer Financial Protection Bureau (CFPB) that became effective October 3, 2015, homebuyers can expect a more seamless closing process and fewer headaches at the closing table. The new rules simplify the loan paper-work so ...

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Feb. 3, 2016

Understanding Your Home’s Equity

How Much Equity Do You Have in Your Home?

The dream of home ownership is about more than just a stable place to live, exempt from the whims and decisions of landlords. For many, home ownership is a piece of the wealth building picture, essential to a future retirement or ...

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May 3, 2015

Home Buyer FAQ's: What if You Don't Have a Credit Score?

FICO Looks to Other Data Points for Scoring

What do you do if you're financially responsible, but don't have a credit score? How do you get started on the path to home ownership if your score is low due to traditional credit reporting? FICO believes it might have ...

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Feb. 12, 2014

7 Steps for Millennials to Define Their Financial Future

millenialsLike other age groups, not saving enough for retirement is the biggest vulnerability facing Millennials. However, they’re the only generation that doesn’t seem to know it, as Millennials ranked more urgent needs like managing cash flow, getting out of debt and investing as higher priorities. Here are some steps Millennials ...

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Posted in Finance, News
Jan. 1, 2014

3 Changes to Mortgage Rules You Need to Understand

Get Pre Approved for a MortgageIn case you havenʼt been following it, there are big changes on tap for the lending industry in 2014. The January 10th change may make it tougher for certain buyers to qualify for a loan, though the overall goal of the changes are aimed at long-term consumer protection and mortgage industry stability.

Below ...

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