Rochester Real Estate

NOVEMBER 5, 2015

Realtors excel at researching properties using the Multiple Listing Service (MLS). Once you have gathered your financial documentation, I recommend researching the various types of mortgages available in New York. The most common types are fixed-rate and adjustable-rate mortgages.

Purchase and sale agreement

HomeLight

JUNE 9, 2023

The interest rate for fixed-rate mortgages does not change over the life of the loan. The only way your interest rate would change is through refinancing. Fixed-rate mortgages make it easy to budget and know exactly how much you owe. With an adjustable-rate loan, the interest rate is variable.

Title

The Close

DECEMBER 29, 2022

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.

Purchase and sale agreement