Don’t Let Jumbo Loan Costs Stop Your Dream Home Purchase

A jumbo loan is a loan that exceeds the bounds of a traditional loan for one’s mortgage. There is a cap in most counties in the United States of $510,400 for a mortgage loan, but some people need more money than that to purchase the home that they want. These loans are not backed by

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Know What It Means To Have An Encumbrance

A reconveyance deed is commonly used to remove an encumbrance to “reconvey” a clear title to the property owner. The most common types of real property encumbrances are mortgages, property tax liens, and deed restrictions. When a mortgage is paid off, the encumbrance is removed

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Deed Of Trust: What Does It Mean?

A deed of trust is a legal instrument that serves as an agreement between a lender and a borrower to place a piece of property into the hands of a third party as a trustee. The third party holds the property until the borrower can pay it off, but the borrow retains all of the responsibilities for

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