Buyers
The word title is a collective term for all your legal rights to own use, and dispose of land. Title includes all previous ownership, uses, and transfers. To legally transfer real estate property, a title search must be performed and, in most cases, the title must be found free of any circumstances that could endanger your rights of ownership. Title insurance protects against the possibility of future loss should your legal rights to your property be challenged.There are two types of title insurance: a lender's policy and an owner's policy. The lender's policy protects the lender's interest in the property…
Elko, Nevada is defying the economic downturn thanks to the strength of its gold mining industry, which is riding a growth wave. Even so, real estate professionals have had to educate households about financial management to make them buyer ready. (08m 11s)
Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through October 31, 2011. A $1,200 selling agent bonus is also available to selling agents who close on an owner occupant property and meet all eligibility requirements and terms and conditions. Fannie Mae Terms and Conditions: Buyers and/or selling agents (the agent representing the buyer) must request the incentive upon submission of initial offer. Initial offer must be submitted on or after June 14, 2011 and close by October 31, 2011. Initial offers made prior to June 14 are not eligible for the June 14 – October…
NAR's forward-looking pending home sales index for May 2011 rose 8.3 percent possibly signaling improvement going into the second half of the year. NAR chief economist Lawrence Yun says in releasing the data on June 29, 2011. (Video 4min 44sec)
Whether you’re buying your first home or your fifth, the experience can be exciting, confusing, overwhelming and wonderful – all at once! You want to make sure it’s the right home for you and that it’s affordable. To make sure this happens, be sure to work with a real estate professional you trust, and that you get the financing you need. This buyer's guide doesn’t cover everything. However, it should better prepare you to consider and assist you with the purchase of a new home. GETTING STARTED If you’ve heard it once, you’ve heard it a hundred times - be…
