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Down Payment – How Much Do I Need to Put Down To Buy a Home?

So you want the scoop on down payments? Down payments are always a big question – how much do I need to put down to buy a property? Here is a quick primer on minimum downpayment levels associated with different types of loans: 0 % – VA Loans ...

HUD-1 Settlement Statement Explained

What is a HUD-1 Settlement Statement? This is the standard form in use throughout the United States for the accounting of real estate transactions. HUD refers to the Department of Housing and Urban Development. The statement itemizes the services, fe...

Foreclosed Properties No Longer a Great Bargain

.An article was just released by the Los Angeles Times, discussed a recent analysis by Zillow.com, which shows what we have been seeing for a little while now: Foreclosed properties are not being sold at a great bargain. Here are some of the main poi...

Guide to Reading an Assessor’s Plat Map

First of all, what is a plat map? In general, a plat map refers to a map, drawn to scale, showing the division of land. When we talk about these in real estate, we are referring to the assessor’s plat map which comes with the preliminary title ...

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