Blog

What Disclosures Are Used For Loans Not Covered By TRID?

http://videotap.wistia.com/medias/v4cymew3ox?embedType=async&videoFoam=true&videoWidth=640 Creditors must continue to use the Good Faith Estimate, Truth-In-Lending Disclosure and the HUD-1 form for reverse mortgages, HELOCs, mobile home or other non-attached...

What Kinds Of Loans Do TRID Disclosures Cover?

http://videotap.wistia.com/medias/nakbe27dlm?embedType=async&videoFoam=true&videoWidth=640 TRID rules apply to MOST consumer credit transactions secured by real property. These include mortgages, refinancing, construction-only loans closed-end home-equity...

What Do Lenders Have To Tell You About Your Real Estate Loan?

http://videotap.wistia.com/medias/hx5mik7yr8?embedType=async&videoFoam=true&videoWidth=640 Federal “disclosure” forms define the information that creditor businesses MUST provide to consumers applying for real estate loans. As of Oct 1, 2015...

What Is Equity?

http://videotap.wistia.com/medias/t9ycjjg7qr?embedType=async&videoFoam=true&videoWidth=640 Equity is the value YOU own in property such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current...

What Are Real Estate Commissions?

http://videotap.wistia.com/medias/6aapcigefl?embedType=async&videoFoam=true&videoWidth=640 Like the video says - real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate...

What Is “Prime”?

http://videotap.wistia.com/medias/uf874hpar9?embedType=async&videoFoam=true&videoWidth=640 The Prime Lending Rate - sometimes just called “Prime”  - is the interest rate that banks charge each other for overnight loans. Some consumer...

Closing Costs Explained Visually

http://videotap.wistia.com/medias/ouq4bzv9fa?embedType=async&videoFoam=true&videoWidth=640 Purchasing a home is exciting. Once escrow begins, the excitement can change to frustration, particularly if you are not ready for...

Title Insurance Explained Visually

http://videotap.wistia.com/medias/l1edu4wh6b?embedType=async&videoFoam=true&videoWidth=640 What is title insurance and why should any buyer get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format...

How Should I Prepare For Internet Showing?

http://videotap.wistia.com/medias/6l6y3lsw37?embedType=async&videoFoam=true&videoWidth=640 Today, your first “showing” will be on the Internet - you're watching this on the Internet, right? Your price, listing description and...

How Should I Prepare The Outside For An Open House?

http://videotap.wistia.com/medias/8cilezuhn4?embedType=async&videoFoam=true&videoWidth=640 Professional “staging” may include the exterior, but if you’re doing it all yourself, try the five things outlined in this video. 1 - Landscape...

Need an Attorney? Request A Consultation

No matter your legal needs, Bowen|Schroth can help. You’ll receive legal expertise that’s professional and personal. Contact us today to request a consultation.