Basics

Understanding Mortgage Penalties

Lenders can charge penalties for both paying late and paying early. Late payment penalty – ...

By Movoto Editorial Team

May 20, 2016

Basics

Points, APRs, and Other Homebuyer Fees

What are points? Points are fees your lender charges, usually 1 or 2 percent of ...

By Movoto Editorial Team

May 20, 2016

Basics

What Is an Escrow Account?

You’re going to hear the word “escrow” a lot when you’re buying a home, whether ...

By Movoto Editorial Team

May 20, 2016

Basics

Choose the Right Mortgage Type for You

Once you’re pre-approved, you can take a deeper dive into exactly what type of mortgage ...

By Movoto Editorial Team

May 20, 2016

Basics

Who’s Who in Getting a Mortgage

To better understand how mortgages work, learn the players involved in securing a mortgage at ...

By Movoto Editorial Team

May 20, 2016

Basics

The Low Down on Down Payments

Determine Your Down Payment Don’t make the mistake of looking at all your assets and ...

By Movoto Editorial Team

May 20, 2016

Basics

What Happens When Your Loan Is Sold?

Once you close on the home, it’s common for your loan to be sold. Don’t ...

By Movoto Editorial Team

May 20, 2016

Basics

If You’re Rejected for a Mortgage

If you’re application is rejected, don’t panic. There are many reasons you get rejected for ...

By Movoto Editorial Team

May 20, 2016

Basics

Don’t Fear the Dual Agency

Dual agencies leave a lot of gray areas when it comes to loyalty, so many ...

By Movoto Editorial Team

May 20, 2016

Basics

What Are FSBOs?

When a property is For Sale by Owner (FSBO), it is being listed without the ...

By Movoto Editorial Team

May 20, 2016

Basics

Insider Home Search Tips

Cast a wide net, then narrow it down – Start with a broad pool, open ...

By Movoto Editorial Team

May 20, 2016

Basics

Property Tour Etiquette

When you’re touring homes, it’s easy to get caught up in the excitement of potentially ...

By Movoto Editorial Team

May 20, 2016

Basics

Choosing an Agent

You don’t need to choose an agent right away, but the sooner you find an ...

By Movoto Editorial Team

May 20, 2016

Basics

What to Expect from Your Agent

Your agent will do several things to expedite your search: Talk to you about what ...

By Movoto Editorial Team

May 20, 2016

Basics

Types of Agencies: Agent-Client Relationships

Agents aren’t one-size-fits-all. There are several types of agent-client relationships you can enter into: Single ...

By Movoto Editorial Team

May 20, 2016

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