by Ed & Barbara Heiser | May 11, 2018 | Mortgage Payments
Many borrowers believe that when they purchase a property by obtaining mortgage financing, they also own their home. Technically speaking, full ownership on a property only happens once the mortgage loan amount has been paid in full. To break this down in more detail,...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Payments
When mortgage lenders go out of business and are essentially taken over by the FDIC, homeowners are left wondering if they still need to make a monthly payment. Great thought, and a very common question for many borrowers in the 2006-2010 timeframe. The short answer...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Closing Costs
By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged. Many different occurrences can come into play to warrant the need for title insurance. The...
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