Coverage area includes Las Vegas, Henderson, and surrounding communities.
Documents Needed for a Pre-approval Letter
A pre-approval letter is important for two reasons. It tells you how much money you can borrow and what the general terms are such as when the letter expires (usually 30 days), interest rate and down payment required. It also
Find a Lender & Get a Pre-approval Letter
Now you have put some feelers out there, found some pre-foreclosure leads, and researched the neighborhood, you want to know how much property you can afford. A pre-approval letter will give you your max borrowing amount, and from there you
Glossary
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What is a Mortgage?
What is a Mortgage? A mortgage is an agreement that allows you to borrow money from a bank or similar organization by offering something of value, especially in order to buy a house or apartment, or the amount of money
Facts About FHA Loans
What are Federal Housing Administration (FHA) home loans? FHA mortgages are loans for borrowers who have a steady income, but not the 20% cash on hand for the down payment required by some other loan programs. [Glossary] How do FHA
Life of an Escrow
This post covers the life of an escrow. Open escrow and issue Escrow Number. Order title search and preliminary report. Receive and review preliminary report. Prepare escrow instructions and commission order and send broker packages. Order payoff demands on all
Real Estate Transaction: Who Pays for What, Buyer or Seller?
This chart shows what things each party (buyer or seller) is expected to pay in a typical real estate transaction: Seller Buyer Real estate commission Document preparation fee for deed Document transfer tax, if any Payoff of all loans in
8 Basic Steps to a Real Estate Transaction
There are usually two parties in a real estate transaction, the owner (grantor) and the person or entity to which the owner grants or transfers ownership (grantee). Since you are likely either selling or buying real estate, the following applies
Conditions, Covenants and Restrictions (CC&Rs)
You may have heard or read something about a given property’s Conditions, Covenants and Restrictions, also referred to as CC&Rs. Some properties have CC&Rs, some don’t. CC&Rs may be executed at the government level or at the community level in