May 2010

Earnest Money Deposits

May 26, 2010 by CindyTichy · Leave a Comment 

During the home buying process, you will most likely be required to make what is called a good faith deposit or earnest money deposit. This deposit lets the seller know that you are serious and that you have the financial capacity to follow through on the purchase. It is important to understand however, that the earnest [...]

Understanding Mortgage Terminology

May 18, 2010 by CindyTichy · Leave a Comment 

During the homebuying process,most homebuyers will seek out some type of mortgage financing. First time homebuyers often find the  loan process confusing, but even repeat homebuyers can find themselves asking questions.  There are many different terms involved with mortgages and financing and it is a good idea that you become familiar with them. Below are some of the common terminology [...]