Functional Obsolescence in Real Estate Can you recognize a property with “good bones”? If so, then you’re likely familiar with the term functional obsolescence. Functional obsolescence refers to fundamental problems…

FHA Loans FHA loans are a common way that many low- and middle-income families buy their first homes. From credit scores to mortgage insurance, the type of loan you ultimately…

Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac play a central role in mortgage lending in the U.S. These government-sponsored enterprises have been the foundation of the U.S.…

What To Know About Fair Market Value If you want to grasp the true worth of your home and how it impacts your financial choices, understanding and obtaining an accurate…

Escrow and Per Diem The real estate financing process can be full of pitfalls for new investors. One concept that new investors and homeowners are generally unprepared for is escrow.…

A Guide To Closing Buying a home or investment property can be an emotional and confusing process, as can navigating the complexities of the buyer/seller relationship. Understanding the crucial steps…

A Guide To Closing Costs Amongst all the other costs of buying a new property, closing costs may seem inconsequential. However, to underestimate closing costs would be a mistake. These…

Equity in Real Estate Investments What is real estate equity? If you’re delving into real estate, understanding equity is crucial. This article breaks down the core concepts, helping you calculate…

The Equal Credit Opportunity Act If you’re a landlord, understanding fair lending laws like the Equal Credit Opportunity Act (ECOA) impacts your success in funding your real estate endeavors. Often…

Encroachment Boundary disputes are common among neighboring property owners. Disputes that involve unlawful intrusion or unauthorized structures extending into your land or crossing the property lines are known as encroachment.…