Should You Buy a Foreclosure?

Should You Buy a Foreclosure?

Rising foreclosures (default notices, scheduled auctions, and bank repossessions) spell some opportunity, but today’s REOs (real estate owned, but literally: lender-owned) aren’t the bargains they were during the Great Recession.…
How Electronic Closings Work

How Electronic Closings Work

Electronic closings, also known as eClosings, not only save money on paper and mailings, but they can also be signed by all parties, notarized, and sent/stored securely regardless of location.…
The Difference Between PMI and MIP

The Difference Between PMI and MIP

Mortgage insurance (MIP and PMI) has two purposes—protecting lenders from potential homebuyer defaults and to allow homebuyers to qualify for a mortgage without making a large down payment. Mortgage insurance…