What is Escrow?

Wednesday, March 7th, 2018
Verani Realty

If you are a new home buyer, you probably have heard the word escrow, but you may not know exactly what it means. To be fair, you have been exposed to what may seem like a whole new language during your search for a home, one that is filled with real estate and mortgage jargon and confusing new acronyms.

Read More

Tips to Avoid Holiday Debt & Poor Credit Scores

Wednesday, December 6th, 2017
Verani Realty

If your holiday shopping isn’t done, you may be about to spend more money than you should on gifts for family and friends. If you are also trying to buy a home, this is the last thing you should do!

Read More

How Much Should I Put Down on a Home?

Monday, November 6th, 2017
Verani Realty

When you purchase a home, it is typical to put down some of your own money and borrow the remainder from your mortgage lender. But the amount you need to put down can vary from three to 20 percent of the purchase price of the home. What is the best down payment for you? Is more money down really better?

Read More

What are Alternative Lenders?

Monday, October 23rd, 2017
Verani Realty

Banks are not the only place where home buyers are getting their mortgage these days. Something called “alternative mortgage lenders,” basically non-banking enterprises, have become a big part of today’s mortgage industry.

Read More

How to Cut Your Household Budget and Stick to It

Wednesday, September 20th, 2017
Verani Realty

If you are about to buy a home or recently settled into your new abode, you may realize that you need a better budget if you want to avoid financial stress.

Read More

Could Your Appraisal Come in Too Low?

Friday, September 1st, 2017
Verani Realty

The current seller’s market has advantages for those looking to get the most return when selling their home. But if buyers enter a bidding war on a property, what happens if the final agreed upon selling price is above what the bank appraiser says it’s worth? Just because both sides agree on a price doesn’t mean the deal can’t fall apart because of an under-appraisal.

Read More

Is it Cheaper to Buy or to Rent?

Tuesday, July 18th, 2017
Verani Realty

Once upon a time it was actually cheaper to rent an apartment or condo than it was to buy a home, but that is not always the case anymore. It all depends on your location, but there are some areas where the monthly mortgage payment for an average-priced home is less money than the average monthly rent on a three-bedroom property.

Read More

If you have been watching the real estate market and think that the price of homes is steadily increasing, you are correct. The median price of an existing home in the U.S. rose to a record $252,800 in May.

Read More

Are Bi-Weekly Mortgage Payments Right For You?

Wednesday, April 12th, 2017
Verani Realty

Typically homeowners think about mortgage payments in terms of a monthly bill. But, there is a different payment plan that can save you a bundle of money over time. Known as the bi-weekly mortgage payment plan, homeowners pay a mortgage installment every two weeks instead of monthly.

Read More

Can Your Home Pass an FHA Appraisal?

Monday, April 10th, 2017
Verani Realty

Nervous about the appraisal for that FHA loan? An FHA appraisal requires some very specific things to go smoothly. A wise homeowner knows what to expect and prepares to meet all of the requirements.

Read More

Older Posts

Subscribe

Search

Follow

MLS Property Information Network. Inc. The Total Listing Service
Neren MLS New England Real Estate Network
Maine IDX
Equal Housing Opportunity

©2019 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.  New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. Maine Real Estate Information System, Inc. All Rights Reserved. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

© 2019 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. View our Privacy Policy

Website Powered by Real Estate Web Solutions

©2019 Real Estate Web Solutions, LLC. All rights reserved. realOMS Login | Switch Mobile Site