The relationship between a mortgage loan officer and a Realtor or real estate agent is symbiotic. Both rely on the other in order to complete their job. They rely on each other to compose real estate transactions that are infamous for complicated paperwork and unforeseen roadblocks. The two rely on each to complete complicated paperwork […]
Author: Monarch Title
Who Pays for Title Insurance?
In just about every state, title insurance is required in order to purchase a home or property. Title insurance protects against your losses if a property’s title to the land is different than what was insured. This is for the protection of the buyer and all other agents involved in the property’s sale. In a […]
Why is Location Important When Buying a Home?
Purchasing a home in a good location makes the property a solid, long-term investment. All other aspects of a home can be changed, including the size of the house. Homes can be revamped and reworked to any stretch of the imagination, but the one thing you can’t change is the home’s location. When you decide […]
What are the Fiduciary Duties of a Real Estate Agent?
A real estate agent’s relationship with their client, such as a buyer or seller, is a fiduciary relationship. A real estate agent includes realtors, brokers, or the like. Inside the agency relationship, a principal or client gives legal authority to their agent to act on the principal’s behalf when dealing with a third party. A […]
Selecting the Right Mortgage for You
After you find your dream home, it is likely you will have to acquire a mortgage in order to purchase the home. Picking the right mortgage for you and your family is a daunting task, especially if you are a first-time home buyer. It is important you shop around and research your mortgage options just […]
Four Factors That Can Depreciate Home Values
Homeowners wishing to sell their home may obsess over the home’s physical characteristics to try and get a higher price, but often it is factors outside of their control that make a larger impact on the sale price. You will find four outside factors that affect the value of your home below. Neighbors We […]