Utah County Real Estate and Real Estate Websites The Internet is beginning to play a major role in our daily lives. Most people are having a hard time doing anything without first going the Internet. I am finding that most Real Estate Home Buyers begin their home search on the Internet, in fact m
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07/31/2011
Utah County Real Estate and Earnest Money The Real Estate Purchase Contract involves more than just price. You will have to discuss personal property possession, rent, tests, inspections, closing dates and more. The one term that throws most buyers, especially first time buyers is Earnest Money D
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07/30/2011
Utah County Real Estate Title Insurance and Closing Costs The last process that takes place just prior to recording is the closing. At closing the Title or Escrow company provides the buyer with Title Insurance or an Owner’s Policy. They insure that you have clear title to the property. If there
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07/29/2011
Utah County Real Estate and Yield Spread Premium As a Realtor and former Loan Officer, I have noticed an area of Home Loans and Mortgages that goes unnoticed by the consumer, that of Yield Spread Premium. Most borrowers believe that their Loan Officer makes his profit with the Loan Origination Fe
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07/28/2011
Utah County Real Estate and your Credit Score Credit Scores range between 300 and 850. Usually scores above 600 are considered to be desirable for obtaining a home loan. There are five main factors that are considered when your score is calculated. Payment History Do you pay your credit card obli
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07/27/2011
Utah County Real Estate Understanding Mortgages and Getting the best Rate. As a home buyer, it only makes sense to try and get the lowest rate possible when obtaining a Home Loan. After all, the rate is the primary factor in determining your house payment. But how do you get a low rate when apply
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07/26/2011
Park City Real Estate Understanding Mortgages and Getting the best Rate. As a home buyer, it only makes sense to try and get the lowest rate possible when obtaining a Home Loan. After all, the rate is the primary factor in determining your house payment. But how do you get a low rate when applyin
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07/26/2011
Utah County Real Estate Loan Application and Documentation Required When it comes time to purchase new home, your first step in the purchase process is to get pre-qualified for your home loan. Once you contact a Mortgage loan officer, he will ask you to fill out a Mortgage Loan Application (1003)
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07/25/2011
Utah County Real Estate and the FHA Loan The FHA (Federal Housing Authority) doesn’t actually fund your home loan in any way. The FHA simply provides mortgage insurance to help consumers become Home Owners. The FHA actually insures the lender from losses resulting from Home Owner default. The FHA
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07/24/2011
Utah County Real Estate and the Appraisal The Real Estate Appraisal is an important part of your home buying transaction. The appraisal helps to establish what the property’s market value actual is, in fact it would likely be the main tool in helping the seller establish the proper selling price.
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07/23/2011
