What is a closing? Canton real estate termsWhat is a closing? Canton real estate terms. Closing is the meeting between the buyer, seller, title company and lender or their agents where the property and funds legally change hand, also called settlement. Closing costs usually include the origination fee, discount points, appraisal fee, title search and insurance, survey, taxes, deed recording fee, credit report charge and other costs assessed at settlement. The cost of closing are usually about 3 percent to 6 percent of the mortgage amount. A title company is usually the paymaster in a closing. For more information on Canton Real Estate terms, or if you are interested in buying a Canton home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0058A2 Posted on Jan 28, 2012 @ 8:17 am by russ.ravary - View Profile
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What does balloon payment mean? Canton real estate termsWhat does balloon payment mean? Canton real estate terms. Balloon payment is the final lump sum paid at the maturity date of a balloon mortgage. When the balloon payment becomes due, you must either refinance or have the cash to pay it off. For more information on Canton Real Estate terms, or if you are interested in buying a Canton home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/005898 Posted on Jan 19, 2012 @ 9:36 am by russ.ravary - View Profile
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What does appraisal mean? Canton real estate termsWhat does appraisal mean? Canton real estate terms. Appraisal is an estimate of the value of property, made by a qualified professional called an "appraiser". The biggest thing about an appraisal is that is just one mans opinion. It is very hard to find an appraiser any more because the banks hire their own appraisers. Your choice when selling a home is to accept the appraised value or get the buy to come up with more money, or not to sell the home. For more information on Canton Real Estate terms, or if you are interested in selling a Canton home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/00588F Posted on Jan 10, 2012 @ 11:28 am by russ.ravary - View Profile
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What does acceleration mean? Canton real estate termsWhat does acceleration mean? Canton real estate terms. Acceleration is the right of the mortgagee, or lender, to demand the immediate repayment of the mortgage loan balance upon the default of the mortgagor, or borrower, or by using the right vested in the Due on Sale Clause. Simply put if you have a mortgage on a property you cannot do a land contract on the home because the bank will foreclose on you. For more information on Canton Real Estate terms, or if you are interested in buying a Canton home, please give me a call at 313-310-9855 or email me at yesmyrealtor@gmail.com Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/005886 Posted on Jan 01, 2012 @ 7:13 am by russ.ravary - View Profile
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Check list to help your child move - Canton home sellers tipsCheck list to help your child move - Canton home sellers tips Parents many times do not think about their children when they have to move for job or financial reasons. But for a child a move can be very traumatic or emotional. It is the fear of the unknown. What will my new school be like? Will I ever see my good friend Nathan again? Will I be able to go to dance class anymore? Use these tips to help your child adjust to the move
When selling your Canton home it can be very stressful to you and your children. By making your child's move easier will make your move easier. I hope these Canton home selling tips helped you! If you are looking at selling your Canton home, please give me a call or email me at yesmyrealtor@gmail.com Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0058AA Posted on Nov 21, 2011 @ 11:50 am by russ.ravary - View Profile
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