Whenever the buyer moves into their new home before escrow closes or a seller stays in their old home after they’ve sold it, everyone needs to make sure that the home’s current home owner’s insurance covers the situation. Usually, someone needs to call the company up and change the policy. (Make sure the company gives [...]
Jan 30 2010
Interest Rates and March
Some folks wonder whether interest rates will go up in march, what with the first time home buyer’s program due to expire (again) in April ….and the fed’s plan to stop buying mortgages.
To read more on the Fed’s plan, check this out: http://online.wsj.com/article/SB126291088200220743.html
To read more about the first time home buyer’s program, check this [...]
Jan 30 2010
Seller Rent Backs
“What is a seller rent back?”, you may be asking yourself. A seller rent back is when the seller wants to stay in the house after they’ve already sold it, and they arrange with the buyer to rent the house back from them for a little while. Usually this happens because the seller doesn’t have [...]