At each purchase closing in which our office represents the buyers, we encourage our clients to execute a Declaration of Homestead. At each purchase closing in which our office represents the buyers, we encourage our clients to execute a Declaration of Homestead. Declaration of Homestead – A formal, written, recorded assertion by an owner that the …
Understanding the Vocab- Declaration of Homestead Read More »
As certain terms and phrases are taken for granted in our industry and not obvious to first-time homebuyers or to anyone who has not been involved in a real estate transaction for a while, we at Marino & Marino want to share definitions, descriptions, and real-life examples to help clarify and simplify the process. Each …
Realtor.com ranked our neighboring city of Medford (02155) #4 on their list of Top 10 Hottest ZIP codes of 2017! Factors used in the determination of ZIP codes all over the country include property affordability, millennial population and ownership rates, resident salaries, and city job markets. This certainly matches what we are seeing as our …
If you thought your interest rate could not get any lower…think again! Interesting article from Forbes on how Britain latest decision resulted in Mortgage Rates to fall. Contact us to learn how we can help you figure out what your options are.
In effort for Buyers and Owners to better understand the terms of the loan product they are purchasing from their lender, NEW regulations are around the corner and will be implemented starting August 1, 2015. The main idea is to give the consumer more time to review the terms associated with the loan product they …
More changes ahead in the closing process when you Buy/Sell or Refinance your HOME! Read More »
Job growth, low interest rates and relaxing some of the lending restrictions are some of the reasons we are experiencing the Highest home sales and values since 2006. For more detailed information see this great article from the Wall Street Journal:
One common question that clients, who are in the purchase and sale process, ask is about whether they need title insurance. Although every real estate deal is different, what is constant is the need for protection. Both residential and commercial deals can become complicated and what title insurance ensures is that you have protection from …
Do you need Title Insurance when you buy a home? Read More »