Related FAQs
Learn how the Better Real Estate discount can lower your overall mortgage closing costs - and how to qualify. Read more
Learn how the Better Real Estate discount can lower your overall mortgage closing costs - and how to qualify. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Prepaid costs are payments made at closing for upcoming line items of your new home loan. They're called "prepaid" costs because you're paying for them before they are technically due. The most common kinds of prepaid costs are homeowners insurance, property taxes, and mortgage interest. These are paid into an escrow account to ensure that you have money to pay your bills when they become due. Read more
Understand how home appraisals and property taxes are separate processes, and why an increase in appraised value doesn’t lead to higher tax assessments. Read more
Understand how home appraisals and property taxes are separate processes, and why an increase in appraised value doesn’t lead to higher tax assessments. Read more