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True or False, All Repair Work Must Be Done Before the Close of Escrow?
True or False: All repair work has to be done before the close of escrow? False! Depending on the type of loan your client has qualified for, it is possible to do repair work after the close of escrow. For Conventional loans (Fannie Mae and Freddie Mac), and...
Do You Need a Clear Termite Report to Close Escrow?
Do you need a clear termite report to close escrow? NO. Termite reports and clearance are not a condition required by Fannie Mae or Freddie Mac. Some banks require it because it makes them more comfortable. Beware of anyone who says your seller or buyer HAS to...
How to Add My New Spouse To The Mortgage Loan
Congratulations! You just got married and now you want to add your new spouse to the mortgage or title of your home.Putting your spouse on title (adding them to the ownership) is a simple process. All you need to do is have a grant deed prepared, sign it...