One of the more common questions we answer is “What is title insurance?” According to Investopedia, the definition of title insurance is: “a type of indemnity insurance that protects the lender and the homebuyer from financial loss sustained from defects in a title to a property.” Types of Title Insurance There are 2 types of […]
Are Smaller Homes Becoming the Norm in Central California?
The latest housing data and statistics have shown some positive signs for prospective homebuyers as listings have been increasing throughout the year. Although housing inventories are still relatively low, the number of new listings was up 6.5% in July of this year compared to July, 2020. Furthermore, the new listings were predominantly smaller homes which […]
The Advantages of Working With a Mortgage Broker
Most prospective homebuyers that are shopping for the best rate on a home loan will visit with several lenders in the process. This can be a time-consuming process that inexperienced buyers have difficulty understanding. As a result, many often enlist a mortgage broker’s services to assist them with securing a home loan. There are several […]
Is the Surplus Inventory Shifting the Balance in the Housing Market?
For over a year, historically low-interest rates have been driving the housing market and turned it into a home seller’s windfall. But despite these record-high property values, new listings have exceeded the levels from 2019 and jumped 4% for the 4-week period that ended on Independence Day. Although sales remain vigorous, the amount of time […]
How does Buying a Home in California differ from other States?
If you’ve never bought a home before, or owned a home in a state other than California, the practices and procedures here are probably different from what you experienced in the past. On the brighter side of things, California is a state with homebuyer-friendly laws as well as some other unique real estate buying practices. […]
