Own Realty Group - Real Estate Services

What type of loan is right for you? When choosing a mortgage, find out about… The down payment that is required Both the interest rate and the annual percentage rate (APR) Standard closing costs (and any extra fee the lender may charge and why) The possibility that your mortgage will be resold o...

OK, this is where the fun begins! Actually looking at homes for sale.    Beginning your home search Become familiar with the area where you're considering buying in order to determine if it meets your needs (e.g. near a park, shopping, public transportation, etc.) Drive around. Attend open house...

Congratulations! You've found the home of your dreams! Before you make a formal offer, you need to make sure the home is priced correctly. You don't want to overpay.   Typically used when selling a home, a comparable market analysis (CMA) lists the recent sale information of nearby homes, includ...

You've made your offer. Now you need to have an expert verify "what you see is what you're buying." A formal inspection determines if anything needs to be repaired or replaced. If you're using a real estate agent, they'll arrange the inspection for you.  If you're on your own, make sure the cont...

Some people can get confused about this area of the real estate transaction, but with a little knowledge and guidance, it's easy to understand. We'll break down the basics for you. Title Insurance When you buy a home, a title company examines the chain of titles (previous owners) to insure that ...

Home Appraisals Lenders require appraisals to confirm that the home for which they're providing you a loan is in fact worth the amount you're paying.  Three approaches to value There are three general groups of methodologies for determining value. These are usually referred to as the "three appr...

If you are not assuming the seller's homeowner's policy, you will need to buy your own. Title will not be transferred until you can prove you have the home covered by insurance. This protects you for things such as fire, flood, tornados, or any other damage to the home.    The cost of homeowner'...

Congratulations! You're only a few steps away from being in your next home! You've purchased a home, but you don't actually own it yet. You need to close on it. This is known as closing or settlement.  The escrow agent conducts the closing and is often affiliated with the title insurance company...

Does your business address the human aspect of personal, business and community development? Personal development as a concept refers to the following activities: improving self-awareness and self-knowledge building or renewing identity developing strengths or talents identifying or improving po...

Are you considering selling your home and wondering what the current market value is?  Own Realty Group can complete a Comparative Market Analyis (CMA) to give you an idea of your homes market value based upon recent sales of comparable homes in your area.   While price is one important considera...