http://videotap.wistia.com/medias/3txg9jf9hy?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, mortgage insurance is a policy that protects lenders against some or most of the losses that result from defaults on home mortgages. Like home or auto insurance, mortgage insurance requires payment of a premium, is for protection against loss, and is used in the event of an...

http://videotap.wistia.com/medias/r1y7vhhvs6?embedType=async&videoFoam=true&videoWidth=640 A state license is required to sell real estate. But roughly half of those licensed take the additional step of becoming a REALTOR®. As we show you in this video, only members of the National Association of Realtors - NAR - are entitled to use that registered trademark and call themselves a...

http://videotap.wistia.com/medias/zte9lawgkg?embedType=async&videoFoam=true&videoWidth=640 This video tells you what any real estate professional would tell you. Ask them: How long do homes in my neighborhood currently stay on the market? How would you price my home? What data did you use to arrive at that price? How would you market my home? What activities would you expect of me to...

http://videotap.wistia.com/medias/pxxjdkxjg8?embedType=async&videoFoam=true&videoWidth=640 The video puts this in more visual terms, but basically, a seller can respond to a buyer’s offer with changes - a “counter” - that improves the terms. You need to put yourself in their shoes and construct a modified offer that you think they might take that meets more of your needs. Then...

http://videotap.wistia.com/medias/uuwlyb2tz7?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, there’s more to an offer than the price tag. Factors you should consider: Is this offer at, near or above my asking price? Are there clauses and additions in their offer that change the terms and final price substantially? How long since I had another offer, or...

http://videotap.wistia.com/medias/kh83wzhxxh?embedType=async&videoFoam=true&videoWidth=640 Buyers generally seek the least expensive home in the best neighborhood they can handle. Like the guy in the video says, you want to present a home that fits in the neighborhood but doesn’t stand out too much. For example if neighbors are all 4 bedrooms, 3 baths and 3000 square feet additions that...

http://videotap.wistia.com/medias/4i7sap6vdx?embedType=async&videoFoam=true&videoWidth=640 The video puts this in more visual terms, but your personal situation will determine the best kind of loan for you. By asking yourself a few questions, you can help narrow your search among the many options available and discover which loan suits you best. Do you expect your finances to change over...

http://videotap.wistia.com/medias/tg6i4rwsph?embedType=async&videoFoam=true&videoWidth=640 Yes, loan origination involves costs and fees. As you’ll see in the video, when you turn in your application you'll be required to pay a loan application fee to cover the costs of underwriting the loan. This fee pays for the home appraisal a copy of your credit report and any additional charges that...

http://videotap.wistia.com/medias/wndv3t5ssg?embedType=async&videoFoam=true&videoWidth=640 What you’ll see in this video is, there may be closing costs customary or unique to a certain locality but closing costs are usually made up of the following: Attorney's or escrow fees (Yours and your lender's if applicable) Property taxes (to cover tax period to date) Interest (paid from date of...

http://videotap.wistia.com/medias/pa6um6t70p?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember: you'll present your paid homeowner's insurance policy or a binder and receipt showing that the premium has been paid. The closing agent will then list the money you owe the seller remainder of down payment, prepaid taxes, and so on. and then the...