By Mortgage Foxes | Closing , Mortgage
Buying a house can be an intimidating and overwhelming experience. Here are some key questions to ask yourself and sellers before plopping down a down payment. Following is a list of general questions you should always ask when considering making a real estate purchase. Keep in mind, however, you are unique. You have particular dislikes […]
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By Mortgage Foxes | Closing , Loan , Mortgage
While “green” has become quite the buzzword when it comes to home building and design, what exactly it means isn’t always clear. There are a few standards for eco-friendly homes, but the term “green” doesn’t have a universal definition beyond being a color made by mixing yellow and blue. So how does a consumer know […]
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By Mortgage Foxes | Closing , Loan , Mortgage
The notion of a final walk-throughîseems to confuse both buyers and sellers of homes. Here is an explanation of a walk-through. Walk-Throughs What is a walk-through? What is its purpose? Is it important or just a formality? Can it be used to re-negotiate the terms of the contract at the last minute? Let’s look. Typically […]
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By Mortgage Foxes | Closing
What is a Title Company? Let’s first start off by identifying what a Title Company actually is… According to the “text book” definition, a Title Company is: A company that checks the property’s title for any liens, fixes any problems, and facilitates a smooth closing of the property while ensuring that the purchase is processed […]
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By Mortgage Foxes | Closing
When you buy a house you need money on hand for both the down payment and the closing costs. Closing costs are the various fees that are accrued during the buying of a house. The closing fees include things like; the fee the lender charges for processing the loan for the home, the fee for […]
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