- Homebuyers
- May 23, 2024
FHA Appraisal Red Flags
An FHA red flag is any safety hazard, health hazard, or deteriorating element of a home that would jeopardize financing.
Mortgage Basics
Mortgage Basics Articles
- Homebuyers
- May 23, 2024
What Is a Title Search in Real Estate?
The property title search is a standard part of closing. Its purpose is to confirm the seller's legal right to sell a property. Here's everything you need to know.
- Homebuyers
- May 21, 2024
What Is a Bridge Loan?
The big perk of the bridge loan is that it enables a homeowner to purchase a new home before they have a chance to sell the one they currently own.
- Homebuyers
- May 21, 2024
What is the Difference Between a Condo and a Townhouse?
Broadly speaking, condos are individual units within a larger complex. They are more like "ownable" apartments. Meanwhile, townhouses are considered independent structures.
- Homebuyers
- May 17, 2024
Contingent vs. Pending
Contingent means that a seller has accepted an offer on the condition that specific contingencies are satisfied by closing day. Pending means that all provisions have been successfully met while a sale is being processed.
- Homebuyers
- May 10, 2024
Fees When Buying a Home: What to Expect
Buying a home is both a significant milestone and a deeply rewarding experience. However, it's essential to understand that purchasing a home involves various fees.
- Homebuyers
- May 9, 2024
Homeownership: A Pathway to Economic Stability
New American Funding is working to make the dream of homeownership a reality for more people. Everyone should have the opportunity to own a home, and we're committed to helping people overcome the barriers that may stand in their way.
- Homebuyers
- May 6, 2024
What Does Contingent Mean in Real Estate?
What does contingent mean in real estate in different circumstances? This guide covers what you need to know.
- Homebuyers
- April 29, 2024
Home Affordability: How to Overcome Financial Hurdles
Home affordability is on the minds of many first-time homebuyers today. What does it take to make a success story? It's important to assess your financial situation today to begin plotting your journey to owning your own home.
- Homebuyers
- April 24, 2024
What Is an Escrow Analysis?
An escrow analysis refund is a payment provided to a borrower from a mortgage servicer to give back excess funds in an account that were detected following a review.
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