5 Steps to Follow When Applying for Forbearance
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief in these challenging times. It’s important, however, to understand how forbearance works. It’s […]
Step 5: Closing on Your New Home
CLOSING ESCROW In the final days and weeks of the escrow period, your mortgage lender will be working hard to satisfy any remaining loan conditions. Upon satisfaction, loan documents will be delivered to escrow and escrow will make arrangements for you to sign your final loan documents. This is a good time to bring any […]
Step 4: Making an Offer
STRATEGIES FOR YOUR OFFER It can be challenging to determine the fair market value of a home and to assess whether it is “good value” for its listed price and/or for your budget. Variables that impact the value of a home or a property include its location, neighborhood, community plan, proximity to amenities, lot attributes, […]
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