Dear Edith: I'm studying for my real estate license, and last week, we discussed mortgages. I still can't get "mortgagor" and "mortgagee" straight in my mind. I told our professor that I'd email you to see whether you could help. By the way, we sometimes talk about your column in class. Wish me luck on the exam. -- L. C. Answer: Perhaps the confusion comes because we all … [Read more...] about Real Estate Q & A – Mortgagor, Mortgagee
Real Estate News
Real Estate – Selling a Home a Realtor and Agent Dilemma
Dear Edith: We plan to sell our house in the spring. We interviewed three Realtors and told one we plan to sign with her at the end of the month. In the meantime, we notified our neighborhood and have shown the house to two parties. In our mail today, there was a handwritten note from a Realtor (someone in the same company) saying they have a well-qualified buyer interested … [Read more...] about Real Estate – Selling a Home a Realtor and Agent Dilemma
Real Estate – Younger Buyers Lead the Market
Today's younger home buyers are leading the pack in home sales in the middle regions of the country, according to Ellie Mae's latest Millennial Tracker. "As housing prices continue to rebound, millennials are increasingly representing a higher percentage of homeowners in the middle of the country," says Joe Tyrrell, executive vice president of Corporate … [Read more...] about Real Estate – Younger Buyers Lead the Market
Renters Hesitant About Buying a Home
In recent years, a large number of homeowners have turned into renters. Many of those consumers have expressed a strong desire again to own a home, but despite favorable aspects in today's market, many renters are holding off on purchasing a home. Key considerations are the rising of homes, the lack of inventory in many markets, concerns about the required down payment … [Read more...] about Renters Hesitant About Buying a Home