As a first-time homebuyer, navigating the world of mortgages can be overwhelming. You’ve probably heard about traditional mortgages, but have you ever come across the term “chattel mortgage”? In this blog post, we will helpyou understand what a chattel mortgage is and explore the key differences between a chattel mortgage and a traditional mortgage. Understanding…

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Closing on a house is the grand finale of the homebuying journey, but how long does it take to get from making an offer to finally receiving the keys? The answer isn’t one-size-fits-all, as the timeline can vary based on several factors. In this blog post, we’ll break down the steps involved in the home…

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Buying or selling a home is a significant financial decision that involves various intricate steps and considerations. One of these critical steps in a real estate transaction is the concept of “earnest money.” Earnest money is a fundamental aspect of the buying process, acting as a show of commitment from both parties involved. In this…

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Imagine the Consumer Price Index (CPI) as a special tool that helps us measure how the prices of everyday things we buy change over time. It’s like a big shopping cart filled with different items that people commonly purchase, such as food, clothing, housing, and more. Now, let’s connect this to mortgages. When you’re buying…

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