Getting a Home Inspection In Louisville Kentucky- List of Home Inspectors Louisville, KY

A home inspector’s job consists of three main points: Evaluate a property’s physical and structural condition Identify items in need of repair or replacement Assess the remaining useful life of major systems It is a good idea for you, or your real estate agent, to be present during the inspection. This allows you to ask … Continue reading Getting a Home Inspection In Louisville Kentucky- List of Home Inspectors Louisville, KY

Manufactured Home Guidelines for Kentucky FHA, Conventional and USDA, VA Mortgage Loans

Manufactured Home Guidelines for Kentucky FHA, Conventional and USDA, VA Mortgage Loans

Repair Escrows for Kentucky USDA, FHA, VA, Fannie Mae Home loans

Maximum Repair Escrow Amounts for Kentucky Mortgages: 

Kentucky Mortgage Terms to Know

Glossary of Mortgage Terms to Know For A Kentucky Mortgage Loan. ACCRUED INTEREST: Accumulated interest since the principal investment that hasnot yet been paid.AMORTIZATION: Paying off debt, principal and interest, with a fixed repayment schedulein regular installments over a fixed period of time.ANNUAL PERCENTAGE RATE (APR): The annual rate charged for borrowing moneyexpressed as a … Continue reading Kentucky Mortgage Terms to Know

Who Pays Closing Costs?

What are closing costs? Simply put, closing costs are fees and expenses that are associated with processing and closing a real estate transaction. The majority of these fees are charged to the buyer for loan origination, loan processing, and title services, however the seller will also have a few small charges for transferring and recording … Continue reading Who Pays Closing Costs?