HomeLight

JANUARY 18, 2023

So if your home is worth $400,000, and you have $320,000 left in unpaid principal on your mortgage loan, that means you hold $80,000 equity in your home or 20%. The principal balance you still owe on your mortgage. Additional liens or property loans you still need to pay. Average days on market are increasing.

Equity 105

Equity Marketing Loans Principal 105

HomeLight

JANUARY 27, 2021

Your mortgage payment is more than just the cost of the principal and interest on your loan. In some markets, property taxes can be thousands of dollars per year, adding hundreds of dollars to your monthly payments. to 1% of the loan amount annually. Know your loan types. Conventional loan. government.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

The Close

DECEMBER 29, 2022

How else would you and your clients understand how much is being paid in principal and interest over the years? Clients may be confused about the difference between an interest rate on their mortgage loan and an APR. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market.

Purchase and sale agreement 98

Purchase and sale agreement Title Pre-approval Proof of funds 98

Marco Santarelli

JANUARY 3, 2021

Among the advantages of this strategy is that during the time that you hold the property and rent it out, the mortgage is paid down every month, decreasing your principal balance and increasing your equity in the rental property. The most desirable rental markets for property investors aren't always in big cities.

Investor 105

Investor Property Management As-is Renovation 105