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What Does Contingent Mean on a House Sale?

There is always the risk that something goes wrong during the home buying process. This is where listing contingencies come in to protect the buyer and the seller.

What is the Difference Between a Reverse Mortgage and a Home Equity Conversion Mortgage?

For decades, reverse mortgages have served as a valuable tool for seniors as they transition out of the workforce. Reverse mortgages and HECM mortgages are typically used interchangeably, but are not the same. If you're considering taking out a reverse mortgage loan, it is vital that you know the distinction between these loan products.

What Are Closing Costs?

What are closing costs? Here we break down the various fees that are included in closing costs and discuss how you may be able to reduce your out-of-pocket obligations. 

What is a Loan Contingency?

A loan contingency can help buyers protect their earnest money offered and keep their options open until the financing is complete. Here is everything you need to know about a loan contingency and why it may be a good idea to include them in a home purchase agreement.  

What is an Assumable Mortgage Loan?

Different kinds of mortgages offer distinct sets of pros and cons to the prospective homebuyer. For a new homebuyer, there is one financial option you may not know exists — an assumable mortgage. Learn the ins and outs of an assumable loan so you can determine whether it is the right mortgage product for your homebuying needs.

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