When closing the deal on selling your house with a mortgage, it’s important to know that if you sell your house for more than you owe on the loan, you will more than likely make a profit and walk away with a decent percentage. However, there have been cases where the property owner sells the …
Search Results for: mortgage
Mortgage Relief Programs Ending? What to Do If You Face Foreclosure
The COVID-19 pandemic has caused tremendous damage to the economy and housing market. Many states have offered mortgage relief programs but that is shortly coming to an end, with many Americans’ hours being cut or completely out of work families are finding it hard to make ends meet. Families who rent are facing similar problems …
What you need to know about the COVID-19 mortgage relief program
As the COVID-19 pandemic continues to take its toll on the economy, many homeowners are struggling to make their mortgage payments. In response, the government has implemented a mortgage relief program to help ease the financial burden. However, with so much information available, it can be difficult to navigate the various options and provisions. To …
Is Mortgage Alternative Right For You in 2023?
New mortgage-underwriting criteria took effect on January 10 requiring a debt-to-income ratio of less than 43 percent for most qualified mortgages. Even if you don’t qualify for a mortgage under the current lending regulations, renting may not be your only option. A mortgage is a loan used to purchase a property and is typically secured by …
Are Real Estate Owned (REO) Properties A Good Deal? How Do REO Sales Work?
When seeking out investment opportunities, it’s important to leave no stone unturned. Buying properties that are dubbed real estate-owned (REO) properties or real estate-owned properties is one avenue worth considering. Investing in real estate-owned properties offers certain advantages but it’s essential that investors understand the risks as well. What Are Real Estate Owned (REO) Properties? …
Indiana's Battle Against Deed Theft: Prevention and Protection Strategies
In the heart of the Midwest, Indiana homeowners are facing an increasingly common and insidious threat: deed theft. This fraudulent scheme is quietly ensnaring more victims, leaving many in dire need of legal assistance to reclaim their properties. As this scam proliferates, understanding its mechanisms and consequences becomes crucial for protecting one’s home and land …
Changing Tides: Investors Face Increasing Losses in U.S. Residential Real Estate Market
The booming era when real estate investors could easily buy and flip homes for quick profits seems to have ground to a halt. As revealed by recent trends in select U.S. cities, sky-high house prices combined with elevated mortgage rates have substantially dampened the demand for homes, forcing investors to offload properties at a loss. …
Signs That You Should Sell Your Home Soon: A Guide for Indiana Residents
The decision to sell your home is not one to be taken lightly. It’s not just about market timing or getting a good price. It’s about life transitions, financial goals, and sometimes even intuitive feelings. For Indiana residents, considering the specific state’s housing market dynamics, climate, and local economy, there are unique signs that can …
Property Profile Report
Our Property History Report is a comprehensive document that provides essential details about a particular property. This report is an ideal solution for prospective home buyers, property investors, and current homeowners planning to sell their property. The data in the report can help in understanding the background of the property, its financial aspects, neighborhood data, and many other vital features.
The Property History Report consists of the following sections:
- Property Details: Overview of the property, including size, type, and layout.
- Current Ownership: Information about the current owner(s) of the property.
- Student-to-Faculty Ratio: Details about the educational institutions in the neighborhood.
- Summary of Records: A concise collection of all available records related to the property.
- Property Value: Current estimated value of the property.
- Foreclosure Details: If applicable, details about any foreclosure proceedings linked with the property.
- Sales Records: History of previous transactions involving the property.
- Population Data: Demographic details of the neighborhood where the property is located.
- Land Information: Details about the plot where the property stands, such as zoning and usage.
- County Recording Range: Information about the property as listed in county records.
- Criminal Activity: Reports of any crimes reported in the vicinity of the property.
- Title Transfer: History of title transfers for the property.
- Neighborhood Statistics: Various statistics related to the local area, such as crime rates and school rankings.
- Finance and Mortgage Records: Details about any financing or mortgage agreements tied to the property.
- Educational Opportunities: Information about schools and educational facilities near the property.
- Releases: Records of any liens or encumbrances that have been released from the property.
- Property History: Chronological history of the property, including construction, renovations, and sales.
- Real Value: An assessment of the property’s actual value, taking into account factors like location and market trends.
- Copy of the Deed: A copy of the property’s deed, detailing legal ownership.
Every Property History Report is meticulously curated to ensure you have the complete knowledge required to make informed real estate decisions. Leverage this information to analyze assets, gauge future prospects, and craft a smart property strategy.
Top 10 Most Expensive Cities in the US: Where Does Your City Rank?
When you leave the nation’s heartland and head to the coasts, costs can skyrocket. Five of the ten most expensive cities we found are in California, and four are on the East Coast. The tenth city is located outside the contiguous 48 states. We compiled our list based on the Council for Community and Economic …
Top 15 Cheapest and Safest U.S. Cities to Buy a Home in 2024
If you are looking for the most affordable U.S. cities to buy a home in 2024, you’ve come to the right place. Due to the COVID-19 pandemic, many families are considering relocating to more budget-friendly areas. Detroit is a prime example, boasting some of the cheapest homes in the nation. The median home price in …
Most Affordable States to Buy a Home in the U.S. in 2023
Affordable homes are all across the U. S. but you need to know where to look. Purchasing a home is a significant financial decision, and the cost of housing is a major factor to consider when choosing a place to live. The price of a home can vary significantly from one city to another, and …