11 answers
Real Estate questions, answered
Every real estate question on the site, each one answered on its own page.
- What Is Title Insurance and Do You Really Need It When Buying a House?
A hidden claim against your property's title could cost you your home—title insurance is the one-time fee that protects you from that risk.
- When Can You Cancel Private Mortgage Insurance (PMI) on Your Home Loan?
Paying PMI every month feels like money down the drain. Here's exactly when you're entitled to drop it—and how to make it happen sooner.
- Should You Get a Home Inspection Before Buying a House?
A home inspection is optional but skipping it can be a costly mistake. Here's why it matters and what it covers.
- What Credit Score Do You Need to Rent an Apartment?
Landlords check credit too, not just mortgage lenders. Here's the score range most landlords look for and what to do if yours is low.
- Can a Seller Back Out of a Home Sale After Accepting an Offer?
Once an offer is accepted and signed, can the seller change their mind? Usually not without consequences. Here's what the contract allows.
- How Long Does It Take to Close on a House After an Offer Is Accepted?
Once your offer is accepted, the clock starts on a multi-step process. Here's the realistic timeline to closing day.
- What Is Earnest Money and Is It Refundable?
When you make an offer on a home, you put down earnest money. Here's what it is and when you can get it back.
- What Is a Home Appraisal and What Happens If It Comes In Low?
A low appraisal can kill a home purchase or refinance. Here's what appraisers look for and what your options are.
- What Is an Escrow Account and How Does It Work?
Most homeowners with a mortgage have an escrow account but don't fully understand it. Here's a clear explanation.
- What Are Closing Costs and How Much Should You Expect to Pay?
Closing costs catch many homebuyers off guard. Here's exactly what's included, who pays what, and how to reduce them.
- How Does a Reverse Mortgage Work and Is It a Good Idea?
A reverse mortgage lets homeowners 62+ convert home equity into cash — but it comes with significant risks most people don't understand.