What Is Earnest Money – The Definitive Guide

What Is Earnest Money - The Definitive Guide 1

If any of you have bought or sold a house before, or are currently going through the home selling or buying process, you have probably heard about earnest money. But what is earnest money?  Is it a handful of money just thrown at the seller to keep?  How much should the Seller ask for?  Earnest […]

Pros and Cons of Being a Part-Time Real Estate Agent

Pros and Cons of Being a Part-Time Real Estate Agent 2

Can real estate agents work part time? Let me put it this way. Just in Colorado Springs, Colorado alone there are over 4,500 licensed real estate agents. How many agents do you think there are in the the entire United States? Your guess is as good as mine. WAY TO MANY!

Mortgage Term Glossary – The Complete List

A adjustable-rate mortgage (ARM)A mortgage that changes interest rates periodically based upon the changes in a specified index. adjustment dateThe date on which the interest rate changes for an adjustable-rate mortgage (ARM). adjustment periodThe period that elapses between the adjustment dates for an adjustable-rate mortgage (ARM). amortizationThe repayment of a mortgage loan by installments with regular […]