Buying a home can sometimes feel like learning a new language. If you find yourself scratching your head over mortgage lingo, we’d like to make your contract a little clearer by explaining two items that are often confused for one another: a mortgage and a promissory note.
While the bigger is better mentality is sweeping the nation, there are some real financial benefits to downsizing. If you’re looking to cut back on your monthly bills, this may be the right option for you.
Appraised value, tax-assessed value, asking price, sale price, fair market value … why do these numbers vary, and what’s important for homeowners to know? Let’s take a look at the different values assigned to your home.