Real Estate Financing Update

Update on real estate finance from Richard Walker, Branch Manager Southwest Funding, McKinney, Texas  Over the past 12 months, although we’ve seen in the DFW market a transition from a Seller’s market to a Buyer’s market,  I now see a more balanced market. While this...

Closing Terms

Source: http://texastitle.com APPRAISAL FEE – a fee charged by the appraiser to evaluate the property’s market value based on comparable sales, improvements, location, marketability and use and enjoyment. ASSUMPTION FEE – a fee charged, typically to a...

Title Insurance

Why do I need title insurance? It is certainly an understatement to say that purchasing your home is an important decision. But how do you know that the property you purchase has a clear title? This is where title insurance comes in and why it is so important. Is it...