What Chicago Home Buyers Should Know About Their Home Appraisal And Mortgage

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When buying a home, there are certain steps that Chicago home buyers have to go through before the home sale is official. First the buyer makes the offer, then the offer is accepted. RELATED ARTICLE: 5 Tips For Prospective Chicago Buyers To Submit A Winning Offer Next the buyer schedules the inspection and home appraisal. Finally, everyone is ready for closing. …

What Borrowers Should Know About Adjustable Rate Mortgages

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When borrowers are in the market for a new home, they may be faced with numerous options for financing their home. One of the choices they will have to make is whether to apply for a fixed or adjustable rate mortgage. In some cases, an adjustable rate mortgage (ARM) may be their best option, but keep in mind, they are …