Archive for January, 2010
Top 7 New Home Buying Mistakes
Thursday, January 7th, 2010by Joshua Ferris Buying a new home is great! You get to choose where your home will be built, add a sunroom here, third garage bay there and before you know it you are moving into your dream home. With all the options to choose from it is very easy to overlook crucial elements to […]
Speed Sales: Prelisting Home Inspections Do the Trick
Thursday, January 7th, 2010by Dan Steward, President, Pillar To PostNot so long ago, home sellers were being bombarded with multiple offers. They didn’t have to worry much about the condition of a home in order to ensure a smooth and quick sales transaction. In today’s market, realtors are creating new strategies and are working even more closely with […]
Mortgage Glossary
Thursday, January 7th, 2010adjustable-rate mortgage (ARM) A mortgage that changes interest rate periodically based upon the changes in a specified index. adjustment date The date on which the interest rate changes for an adjustable-rate mortgage (ARM). adjustment period The period that elapses between the adjustment dates for an adjustable-rate mortgage (ARM). amortization The repayment of a mortgage loan […]