Selling Home Before Mortgage Paid Off Guide Yes, you can sell a home before your mortgage is fully paid off. During closing, the proceeds from the sale will first go toward paying off the remaining mortgage balance, including any prepayment penalties or fees. If your...
Beyond the down payment and mortgage, buyers should budget for additional costs such as: Closing Costs – Typically 2-5% of the home’s price, covering lender fees, title insurance, and escrow. Home Inspections – Essential for identifying issues before purchase....
Maximize Home Equity: Importance of Property Appraisal Why Property Appraisals Matter in Residential Real Estate Whether you’re buying or selling, the property appraisal plays a critical role in every residential real estate transaction. It serves as an independent...
What Are the Different Ways to Describe a Patio Home? Patio homes go by many names, but they all center around the same idea: easy, low-maintenance living that doesn’t sacrifice comfort or style. Whether you’re downsizing, simplifying, or just want a home that...
Snowbird-Approved Patio Homes: Low-Maintenance Living and Modern Amenities Patio homes are perfect for snowbirds who spend winters in warmer climates. With low-maintenance living, many communities offer HOA services that take care of lawn care, snow removal, and...
