Mortgage 1 Team

April 14, 2022

What Is Escrow? How Does It Work?

Escrow is one of those mysterious-sounding aspects of home mortgages that seem designed to confuse new home buyers. But if you look at it carefully, the benefits of escrow often outweigh the extra complexity. What is escrow? The legal definition is quite broad: “A deed, […]
April 6, 2022

Refinancing 101: What Is Refinancing, Why Might You Refinance, and What Can You Expect?

It’s not just home buyers who shop for mortgages; sometimes home owners do, as well. In this article, we discuss when, why, and how to refinance your current home. Refinancing may seem like an entirely different subject than a standard home mortgage, but the truth […]
March 29, 2022

Why Mortgages Require Home Appraisals — And How They Help You

Your loan officer tells you that a home appraisal is required before they’ll sign off on the mortgage. Or the shoe is on the other foot: You’re selling a house and a buyer requests a home appraisal. What should you expect? Whether you’re buying, selling, […]
March 22, 2022

What to Expect With a Home Inspection

You’ve found a house you love. Why do you need a home inspection? In this article, we’ll explain the what, why, when, and how of a real estate home inspection. Many home buyers place a home inspection contingency in their offers. Some mortgages (such as […]