by kramoltz@hotmail.com | Apr 17, 2019 | Home Ownership, Selling Your Home, Title Insurance + Escrow
Refinancing and Resale Rates. When refinancing your existing mortgage or selling your home, you may be entitled to a title insurance and escrow fee discount. The applicable discount when refinancing is called a “reissue rate.” A reissue is an extension of a current...
by kramoltz@hotmail.com | Apr 12, 2019 | Real Estate Facts & Figures
Did you know that Arizona has a law that limits the amount of land one person may purchase? If buying land from the State, A.R.S. §37-240 states that no person may purchase more than 640 acres of grazing land, or more than 160 acres of agricultural land. Since most...
by kramoltz@hotmail.com | Apr 8, 2019 | Real Estate Facts & Figures
Present Value. A fundamental concept in real estate investing is that a dollar today is worth more than a dollar in the future. Therefore a “discount rate” is used to determine the present value of an income stream. In computing the present value of a dollar, the...
by kramoltz@hotmail.com | Mar 28, 2019 | Home Buying, Selling Your Home
Bad listing photos. Poorly executed (i.e., dark, taken from an awkward angle) and poorly chosen photos (of unattractive areas and things, small rooms). Only the best aspects of a home should be featured. More is not better!Messy homes. No boxes should be on the floor,...
by kramoltz@hotmail.com | Mar 21, 2019 | Home Buying, Selling Your Home, Title Insurance + Escrow
Reduced title insurance premiums and escrow fees are available to certain buyers and sellers, but they are not volunteered. Since title insurance is the biggest escrow/title cost, it’s worth it to find out if a discount applies. One reduced rate that may be available...
