When you find your dream home online or have your eye on a house in your neighborhood, you might also see a "sale pending" sign on it. But what does pending mean on a house? Does it mean that the sale is a done deal — that you might as well walk away? Or do you have a decent shot at getting a pending home? In this situation, you can still hold onto hope because the sale … [Read more...] about What Does “Pending” Mean on a House?
real estate transaction
When you first go through the home buying process, you may have lots of questions about down payments, closing your mortgage and interest rates. You may wonder about the key steps to get a mortgage. You will need to learn about a concept called escrow as well. Many buyers and sellers don't spend too much time thinking about escrow. If you do, you may think of it simply … [Read more...] about What is Escrow and Why Do You Need It?