Whether you're buying or selling a home, you're likely to encounter a host of mortgage terms and acronyms along the way. Find them a bit confusing? You're not alone! Real estate really has a language of its own. You'll feel a lot better on closing... (Read More)
Home equity is on the rise nationwide. Is it time to unlock yours?
Home equity is basically the difference between your home’s market value and the total amount you owe on your mortgage. There are two basic ways to tap your home equity—... (Read More)
The property disclosure report is an important document in any real estate transaction. In it, sellers must reveal any issues relating to a property that could negatively affect its value.
That's why it's so important for home sellers to set... (Read More)
You found a home that's in the right neighborhood and an easy commute to work. The only problem: It's listed for sale in 'as-is' condition. What does that mean? A home that's being offered for sale in 'as-is' condition means that the owner is... (Read More)
Winter can be a great time to sell a home if you properly manage the challenges that come with colder weather. Here are several things to keep in mind if you're selling your home during the coldest months of the year:
Keep it tidy. Keep your yard... (Read More)
Did you know that numerous studies over many years show a link between owning a home and happiness and overall well-being? For example, a report by the Consumer Financial Protection Bureau shows that homeowners generally have higher financial... (Read More)
Demand for homes that can accommodate more than one family group is on the rise, according to data from the National Association of Realtors.
Nearly one in five Americans is now living in a multigenerational home, defined as a household that... (Read More)
Moving into a new home is a happy — and hectic — time. There's so much to do! At Primary Residential Mortgage, we know your to-do list is overflowing in the days and weeks after purchasing a home. But we wanted to share with you two tasks that... (Read More)
If you are a veteran or a member of the military on active or reserve duty, there's a special type of financing designed for you. The VA home loan program is an incredible benefit designed to help members of the military —past and present —... (Read More)
When it comes to real estate, the summer home-buying season is the busiest, with many families wanting to be settled in their new homes before school starts. This year, however, home buying and selling activity is expected to remain strong through... (Read More)