by Jennifer Ferri | Jan 13, 2014 | Federal Programs
While this video simplifies things to help you remember, except for the addition of an FHA mortgage insurance premium, FHA closing costs are similar to those of a conventional loan. As of 2013, the FHA requires a single, upfront mortgage insurance premium equal...
by Jennifer Ferri | Jan 12, 2014 | Starting
Like the video shows, your home should fit the way you live, with spaces and features that appeal to the whole family. Before you begin looking at homes make a list of your priorities – things like location and size. Should the house be close to certain...
by Jennifer Ferri | Jan 7, 2014 | Buying, Selling
Both buyers and sellers look forward to closing on their homes, but what happens if there’s a problem and either party can’t get to the location where the closing is held? In cases like these, Title Junction offers a courtesy closing. But what exactly is a...
by Jennifer Ferri | Dec 26, 2013 | Mortgage Debt Relief Act 2007
By Amrita Jayakumar, Published: December 25 REPOST Struggling homeowners could be hit with an unexpected tax bill in the new year. A law that spared people who owe more than their homes are worth from being saddled with extra taxes when their banks provide mortgage...
by Jennifer Ferri | Dec 12, 2013 | Closing Disclosure Form (HUD1), Closing Documents
New forms, new ways for Fort Myers and Cape Coral Closings. The Consumer Financial Protection Bureau (CFPB) has issued new rules nationwide for closing loans. The new rules and forms will allow consumers to better understand what they are getting into in terms of the...
