Consumer Education
From the Mailbag: Shorter Maturity Loan Terms
July 8, 2010 by jberman · Leave a Comment
Question: Can I get a mortgage for less than 30 years? Is that a good deal? – Avi, Westminster, CO The quick answer is yes & maybe. Mortgages are available in a variety of loan terms. The two most common are 30 year fixed and 15 year fixed. However, 25 year and 20 year options [...]
From the Mailbag: Holding Title to a Home
June 29, 2010 by jberman · Leave a Comment
Throughout the year we get lots of mortgage-related questions from our customers and readers of this blog. We thought it would be fun to start answering some of the questions on a regular basis as a featured post. If you have a question, send it to us through the contact us page. “I’m confused about [...]
Simple Real Estate Definitions : Quitclaim Deed
September 9, 2009 by jberman · Leave a Comment
By its most common definition, a quitclaim deed is a document by which one person passes legal and financial ownership of a home to another person. It’s also a way for an owner of a home to remove himself from the title to the property. Often misspelled as “quick claim deed” or “quit claim deed”, quitclaim [...]
How To Keep Burglars From Knowing You’re On Vacation
August 21, 2009 by jberman · Leave a Comment
There’s some common sense ways to protect your home from burglary — keep the doors locked, the windows shut, and the alarm system on, for example. But drawing from a series of interviews with ex-convicts, NBC’s The Today Show reveals there are ways by which a vacationing homeowner can unwittingly make his home a theft [...]
To Use The $8,000 First-Time Home Buyer Tax Credit Program, There’s Now Just 6 Weeks To Find A Home
August 20, 2009 by jberman · Leave a Comment
If you plan to use the First-Time Home Buyer Tax Credit program, time is running out. The program expires November 30, 2009 and closing on a home can take up to 60 days. That leaves you 6 weeks from today to find a home and go under contract. The First-Time Homebuyer Tax Credit program was [...]
