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Buyers Market News Real Estate Sellers

How Do We Get the Message Out that Mortgages Are NOT Car Loans?

Here is an interesting article written by Brian Koss of Mortgage Network, Inc. Find out what’s really going on with the industry. There was a time in the late 90’s when all the focus was on getting the manufacturing of mortgages to mirror the manufacturing of car loans. The idea was that technology was the […]

Categories
Buyers Real Estate Sellers

What is Earnest Money?

Earnest money is a money deposit made by a buyer to a seller as a sign of good faith that you are seriously interested in buying a home.  This earnest money is credited to the down payment at closing.  It is held in a non-interest bearing trust account until the time of closing. Typically, the […]