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joey condon: How scary is a Real Estate Contract? - 06/14/10 06:04 PM
Real Estate contracts are full of legal terms that can be difficult to understand. Be sure to ask before you sign - any misunderstanding may be costly to you in the future. I am here to help you with any real estate question you may have. Here are a few definitions that I think may be helpful when thinking about buying a home. Adjustable-rate Mortgage (ARM) - A mortgage that does not have a fixed interest rate. Based on market conditions, the rate can increase or decrease, affecting your payment. Private Mortgage Insurance (PMI) - This fee protects the lender
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joey condon: Bryan/College Station Homeowner's Insurance Tips - 06/02/10 04:42 PM
The Insurance Information Institute warns against cutting your homeowner's insurance during hard economic times. Being under-insured can cost you more in the event you have to make a claim. Be wary of the following: Insuring a home for its real estate value rather than the cost of rebuilding. Selecting an insurance compnay by price alone. Dropping flood insurance if in an area wher it is not required by the lender, but ther is a chance of flooding. For renters, neglecting to purchase renter's insurance. In most situations, Homeowner's Insurance is not an option, it's mandatory. Most lenders require insurance to be
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Joey Condon
College Station,
TX
More about me
Century 21 Beal, Inc.
Office Phone: (979) 218-4091
Cell Phone: (979) 218-4091
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