Archives

November 2017

Buy Your First Home: A Step-by-Step Guide

From Realtor.com BY JENNIFER NELSON A real yard. Closets bigger than your average microwave. The freedom to decorate however you darn well please! Making the switch from renting to owning is exhilarating, but many rookie homebuyers find the process trickier to navigate than they expected. This is why we created our First-Time HomeBuyer Checklist. The 12-month timeline…

What is a Real Estate Broker vs. a Real Estate Agent?

From Realtor.com BY DANIEL BORTZ What is a real estate broker? Many people think that real estate agent and real estate broker are interchangeable titles, but there are actually key differences. Here’s what you need to know. What is a real estate broker? A real estate broker is someone who has taken education beyond the agent level as required by state laws and…

What is the Difference Between Housing Repossession and Foreclosure

From Realtor.com BY AUDREY FERENCE Housing repossession and foreclosure are legal processes that both refer to a creditor taking away your home. These processes are similar, but they have significant differences. “Foreclosure refers to the process that your lender must follow if you go into default on your home loan and stop making payments,” says real estate expert Michele Lerner. States have different…

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