Mortgage and title insurance companies require an “I.L.C,” or an Improvement Location Certificate, to be sure there are no boundary or encroachment problems associated with the property, before they provide a loan or insurance. If a Seller has built an addition, popped the top, built a new garage, etc., since they purchased the home, an… [Read More]
Helping Kids Cope with a Move
Make Moving Fun for Your Kiddos: Show the children the new home and their new room prior to moving. If this is not possible, pictures or videos will help them visualize where they are going. Assure children that you won’t forget their friends. Make a scrapbook of the old home and neighborhood. Throw a good-bye… [Read More]
A Glossary of Real Estate & Mortgage Terms
What Does it All Mean?! Check out this handy guide to real estate & mortgage terms & you’ll be throwing around the lingo like a pro! Acceptance: The date when both parties, seller and buyer, have agreed to and completed signing and/or initialing the contract. Adjustable Rate Mortgage (ARM): A mortgage that permits the lender… [Read More]