South Carolina Real Estate Closing Costs Statistics (2024 Survey)
They would have to ask the buyer to contribute, or even the realtors possibly. — Phil Crescenzo, Jr., Nation One Mortgage Corporation, Vice President – Southeast Division Click Here to Read The Full Article
Should You Take a Homebuyer Education Class?
"The homebuyer education course is going to explain to a client or a potential homebuyer all the details, because it can be an overwhelming process," says Phil Crescenzo, division manager at Nation One Mortgage Corporation. "It can be stressful. A buyer can feel rushed." Completing a homebuyer education class can also help you avoid costly mistakes, says Crescenzo, so you don't end up buying a home before you're ready [...]
Understanding Private Mortgage Insurance
There are many terms you'll learn while in the process of purchasing a home. Sometimes trying to learn what each term means and the difference between them can be overwhelming. One of these terms that can be confusing for many to understand is Private Mortgage Insurance. Luckily, we're here to help break it down so you can move forward in the process feeling confident! What [...]
Important Questions to Ask Your Lender
Buying a home is exciting and also extremely overwhelming. You probably already have a long list of questions to ask your lender. However, we have some important questions we want to make sure you include on this list so you don't miss out on helpful information! 1. Which Type of Mortgage is Best for Me? When you speak with your lender, you'll want to make [...]
Five Fun Facts About Mortgages
There are many people across the world with mortgages. But few know about the various interesting facts, such as how mortgages came to be, and so on. 1. First Use of the Word Mortgage The first time the term "mortgage" was used was back in the 1300s. When Confessio Amantis first used this word, it didn't have anything to do with homeownership. He used it to refer to marriage [...]
What Homebuyers Should Know Before Making an Offer
Are you ready to make an offer on a home? If so, we suggest checking out this post so you can make your offer as an informed buyer! 1. Check Out the Home's History Sure, the house looks great, but have you checked out the history of the home? You and your real estate agent should look together through the history to see if there are any red flags [...]
