What does a down payment mean in real estate transactions?

Explore what does a title search reveal, how it safeguards buyers by flagging potential liens, easements, and ownership issues before closing on a property. Read more

Appraisal definition: learn its importance in the mortgage process and how it's used by lenders to evaluate the value of a property before approving a loan. Read more

Learn what a conventional mortgage is, with an overview of who backs these loans, how common they are, and basic PMI considerations for smaller down payments. Read more