by Jennifer Ferri | Jan 23, 2025 | Buying, Financing, Going To Market, Interest Rates, Selling
In today’s real estate market, navigating high interest rates can be a daunting task for both buyers and sellers. As borrowing costs rise, buyers may find that navigating high interest rates has diminished their purchasing power, while sellers might struggle to...
by Jennifer Ferri | Oct 31, 2024 | Financing, Mortgages
Learn how rising mortgage rates impact home-buyers and real estate transactions and the choices buyers have to make when navigating the changing market. Rising mortgage rates have a significant impact on home-buyers and real estate transactions. When rates rise,...
by Jennifer Ferri | Apr 11, 2024 | Blog, Financing, Uncategorized
When it comes to real estate transactions, understanding the complexities of mortgage liens and mortgage lien releases is fundamental. A mortgage lien is a legal claim against a property, serving as a notice that the bank (lender) holds a secured interest in the...
by Jennifer Ferri | Jun 29, 2023 | FDIC, Financing
The FDIC protects bank deposits In light of multiple bank failures, sellers and buyers should understand how the FDIC protects bank deposits, including title agency funds, escrow funds and independent customer funds. The following outlines government guidance and...
by Jennifer Ferri | Feb 23, 2023 | Financing
Proper budgeting can save you a lot of hassle. Budgeting can be hard and at moments feel impossible but the importance it plays in our everyday lives is crucial for those curve balls we tend to see keep popping up. You get sick and miss a week of work, it sets you...
by Jennifer Ferri | Feb 9, 2023 | Closing Disclosure Form (HUD1), Financing, Loan Estimate Form (GFE), TRID
The definition of a “business day” is slightly different for Loan Estimates and Closing Disclosures. For Loan Estimates, each day on which a creditor’s offices are open to the public count as a business day. Loan estimates must be delivered or placed in the...
