Tag: Home Loan

Protect yourself from unreleased trusts

An unreleased trust is a prior Deed of Trust on a property that has yet to be released from the property at the Land Records Office. This does not mean that it is still an active loan or that there is a balance owed. In fact, the loan has...

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Releasing a mortgage lien

A lien is a legal claim against property that must be satisfied when the property is sold. The lien provides notice that the bank has a secured interest in the property and guarantees the bank that the property cannot be sold or transferred...

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Debunking 5 common mortgage misconceptions

The national mortgage industry has experienced unprecedented change during the past two years, which has resulted in a number of popular consumer misconceptions regarding the availability of home financing. Don’t believe everything you hear,...

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12 ways to come up with a down payment

It’s hard not to get excited at the prospect of owning a home, especially when there’s so much buzz about historically low borrowing rates, an influx of foreclosures on the market and a new program that might actually expedite...

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