1. Association Fee / HOA fee – In addition to your mortgage, specific housing communities such as condos and townhomes have a monthly fee associated with maintaining the commons areas and amenities such as pools. 2. Payoff statement – It is a statement prepared by a lender providing a payoff quote for prepayment on a [...]
Real Estate Terms that are good to know 1. Association Fee / HOA fee – In addition to your mortgage, certain housing communities such as condos and townhomes have a monthly fee associated with maintaining the commons areas and amenities such as pools. 2. Payoff statement – It is a statement prepared by a lender providing a payoff quote [...]
I’m planning to sell my Mobile/Manufactured home, how do I identify my home? In order to properly transfer the title of the mobile/ manufactured to a new buyer, the current owner must first locate the Vehicle Identification Number (VIN). Please note, double and triple wide mobile/ manufactured homes will have 2 & 3 VIN’s respectively. [...]
