What is an Acceleration Clause?

What is an Acceleration Clause?

An acceleration clause, as the name suggests, is a provision in a mortgage contract that will cause the loan payments to be “accelerated” when triggered. Examples of...

Avoid Overspending in a Hot Market

Avoid Overspending in a Hot Market

Real estate prices have risen nationwide over the last several years, after bottoming in early 2012. As competition for purchasing real estate heats up, it's tougher...

How Long Does it Take to Buy a House?

How Long Does it Take to Buy a House?

Buying a home is an exciting endeavor, but one that often takes longer than people expect. There are many legal and financial steps that must be taken before a sale of...