When you are helping a homebuyer purchase a home, you will come across what is known as a due diligence period in your client’s real estate contract. Also called a study period, this essential part of the real estate contract is designed to protect the interests of both the buyer and the seller. The due […]
When purchasing a home or refinancing a mortgage, title insurance isn’t the first thing that comes to the mind of homeowners. Nevertheless, they still need to know what it is and how it protects both them and their lender from fraud and other problems.
When buying and selling mortgages, you will hear the term collateralized mortgage obligation often. This term is important, as it will help your agency lend to clients while remaining protected from risks like defaults.