What is an Asset Statement?
If you are applying for a mortgage, personal loan, or financial aid, there is a chance you will be asked for an ‘asset statement’, which is somewhat unfamiliar to most people. It’s not as troublesome as it sounds, though. Get A Free Mortgage Quote In this article, we’ll explain what an asset statement is, why it matters, what it includes, and how to prepare one. It helps to understand asset statements while buying a home or applying for a loan because it can help your application go more s
If you are applying for a mortgage, personal loan, or financial aid, there is a chance you will be asked for an ‘asset statement’, which is somewhat unfamiliar to most people. It’s not as troublesome as it sounds, though.
Get A Free Mortgage Quote
In this article, we’ll expla...
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What is the Sales Comparison Approach?
The Sales Comparison Approach (SCA) is a widely accepted method of determining the value of a property in real estate based on the sales of previously sold properties. This means you must compare the subject property with similar houses that have recently sold in the area. This approach is based on the theory that comparable home sales in the market affect a home’s value. Get A Free Mortgage Quote Wondering about the science behind your property’s value? In this post, we’ll discuss what is
Does FHA Loans Allow Non-Occupant Co-Borrowers?
What is an FHA Loan? An FHA loan is a government-backed home loan. It enables people to purchase homes, even if their credit isn’t perfect or they can’t afford a large down payment. These loans are particularly valuable for first-time homebuyers. Get A Free Mortgage Quote One of the useful features of FHA loans is that they allow you to have someone else help you qualify to purchase your home—even if they won’t be living in the home once the loan is approved. This is known as a non-occup
Who Qualifies for VA Loan?
In the USA, the Department of Veterans Affairs (VA) provides a special kind of housing funding called a VA loan. It was designed to assist veterans, active-duty service members, and authorized surviving spouses in purchasing a home without having a large down payment or flawless credit. Get A Free Mortgage Quote However, who is eligible for this benefit? What are the first steps you need to take? Everything is broken down in simple, clear language in this guide so you can figure out your
Which is Best for You: Home Refinance vs. HELOC
If you’re in need of cash and you own a home, you may have heard that there are some popular options: You can do a cash-out refinance, or you can take out a home equity loan (also known as a second mortgage). They both allow you to borrow money using the value of your home, but they do so in different ways. Get A Free Mortgage Quote To help you decide which could be best for you, this guide will go over each in simple terms without using technical terms. What is Home Refinance? Gettin
What Does HOA Cover for a Townhouse?
If you are looking to purchase a townhouse, it is pertinent to know what the homeowners' association (HOA) really covers. Townhouses often come with an HOA, so it can be nice to know what you're paying for upfront to prevent unexpected expenses down the road. Get A Free Mortgage Quote This article will explain what does HOA covers for townhouse, what may not be included, and how these expenses could vary depending on where you reside. We'll keep things straightforward so you can make infor
Quiet Title What It Is and How the Process Works
When you purchase a house or parcel of land, you want to guarantee that no one else can claim it in the future. Sometimes, there are doubts about the correctness or completeness of a property’s paperwork. At this stage, a quiet title process is available for assistance. It settles all questions about ownership and proves you have the right to the property. Get A Free Mortgage Quote We will discuss in this article the meaning of a quiet title, for what purposes it is used, its processes, an
How Many Watts Does a Space Heater Use? Cost and Efficiency Guide
When you turn on a space heater, you immediately feel comfort due to the instant heat it generates. A space heater becomes the automatic choice each cold day before coffee preparation begins. You will find yourself immersed in the coziness that suddenly develops, so does a looming question for many homeowners: Get A Free Solar Quote Do space heaters use a lot of electricity? Space heaters can operate safely. Inside the tale lies additional important information. Exclusive usage of space
Heat Pump Incentives Mass Save Rebates and Federal Tax Credits
Seeking ways to reduce energy bills and migrate to sustainable heating plus cooling options can use heat pumps now at drastically reduced prices through state and federal programs. Heat pumps benefit from state and federal programs, which make them both efficient and eco-friendly while being highly affordable. If you have heard about the Mass Save heat pump rebate but are not sure what it means for you, or how federal tax credits can stack on top of it, this guide is for you. Get A Free Solar
Geothermal Heat Pumps Costs, Benefits, and Long-Term Savings
Geothermal heat pumps have become the main energy-efficient system among environmentally conscious homeowners choosing their heating and cooling systems. A major advantage of geothermal heat pumps is their ability to deliver extended energy savings, which exceed conventional HVAC systems in performance. People usually begin their inquiries by asking what the total expense will be before investing. Get A Free Solar Quote That is where the conversation around ground source heat pump cost beg
Are Free Solar Panels Really Free? What You Need to Know
“Go solar with zero upfront cost!” “Get free solar panels for your home!” The advertising material for these claims spreads throughout online advertisements and traditional radio broadcasts, whereas sellers perform door-to-door promotions. The apparent free solar panels offer come with numerous hidden details beyond what consumers notice. Get A Free Solar Quote This article deciphers the mysteries surrounding complimentary solar panel schemes along with their hidden terms of agreement, and
Alternatives to Rooftop Solar What Is a Solar Panel Carport?
Most people have solar rooftop panels in mind when considering solar energy systems. Users need alternative sustainable energy solutions beyond rooftop solar systems when their roofs cannot support solar panels or they seek flexibility in solar design. Get A Free Solar Quote The innovation of solar carports brings to society an exciting dual-purpose technology that links solar power production with parking infrastructure. The following information explains solar carports with explanations
Special Warranty Deed What It Is and How It Works
The property deed is one of the most vital documents you will come across while buying a home. This is how the seller legally gives you ownership of the property. A special warranty deed is one form of deed you may come upon. But what does this mean? And, more importantly, should you buy a house with a special warranty deed? Get A Free Mortgage Quote To help you make the best choice, let's break everything down into easy-to-understand words. What is a Special Deed? In real estate tran
Selling a House to a Family Member A Complete Guide
Are you considering selling your house to a relative? It may seem to be an easy and polite way to transfer property, whether it's for your child, brother, or other member of your family. Even if it appears to be a simple transaction, there are crucial stages and standards to follow, especially if you want to sell the property for less than its fair market value. Get A Free Mortgage Quote In this tutorial, we'll explain everything in layman's terms, including the answer to a typical questio
Does a background check show employment history
What Employment History Shows Up in Background Checks
Does a background check show employment history? Read on to discover the significance and impact of employment history in background checks.
Background Checks
Behind the Scenes of Background Checks: What Employers Want to Know
Employers are often faced with the challenge of selecting the right candidate from a pool of applicants. To aid in their decision-making process, employers often turn to a crucial tool - background checks. These checks go beyond a quick look at a candidate's past, providing information that significantly influences hiring choices. Behind the scenes, employers have clear expectations and specific goals in mind. Background checks offer a detailed view of an individual's history, helping employer
Background Check Topics
Behind the Scenes of Background Checks: What Employers Want to Know
Employers are often faced with the challenge of selecting the right candidate from a pool of applicants. To aid in their decision-making process, employers often turn to a crucial tool - background checks. These checks go beyond a quick look at a candidate's past, providing information that significantly influences hiring choices. Behind the scenes, employers have clear expectations and specific goals in mind. Background checks offer a detailed view of an individual's history, helping employer
Background Search Basics
Fair Credit Reporting Act (FCRA): How It Shapes Background Checks and Your Rights
Background checks are a typical and crucial step in the recruiting process for many businesses since they may be used to confirm an applicant's identification, education, job history, references, criminal history, and credit history. Background checks, however, may also have a substantial influence on the impartiality, accuracy, and privacy of the data that employers gather and utilize. To control the gathering, sharing, and utilization of consumer information by consumer reporting organizations
Background Check Topics
Understanding How Far Back Fingerprint Checks Reach
Fingerprint background checks are a frequent means of authenticating a person's identification and criminal history, particularly for positions requiring high security or trust. Many consumers, however, are unclear about how far back these checks may go and what type of information they can uncover. This article will teach you the fundamentals of fingerprint background checks, such as how far back a fingerprint background check may go and how long fingerprint data are kept on file. Run A Fr
