Unsuspecting real estate agents are being made unwitting accomplices to this new real estate scam! But not you, because you follow Vesta Settlements where we keep you up to date on information such as what this home title fraud (also referred to as home title theft) scam is and how you can stay safe.

Start off the new year by saving potentially hundreds of dollars every single month. All it takes is a simple phone call to your lender to find out if you are eligible to have your Private Mortgage Insurance (“PMI”) removed.

As a Settlement Company, we see our clients structure the purchase of their homes in a number of different ways and we know that help in purchasing your new home is out there if you know where to look. So if “Homeownership” is one of your goals for 2023, here are some surprising sources of assistance in turning your dream into a reality:

As interest rates continue to rise, buyers may begin to search for creative financing alternatives that allow them to maximize their purchasing power and get into the homes of their choice. One option that may reemerge from the days of high interest rates in the mid 1970’s and early 1980’s is the wrap around mortgage. So, what is a wrap around mortgage and what makes it so attractive for buyers and sellers in the face of continued interest rate hikes?

Who is responsible for damage to the home or malfunction of systems during the post occupancy period? This is a common question for buyers, sellers, and their real estate agents, whenever a Post Settlement Occupancy Agreement (often referred to as a Rent Back Agreement) is made a part of the parties’ contract. To answer the question, we need to look at how this risk is allocated in the parties’ agreement.

The primary purpose of a homeowner’s association (“HOA”) is to provide maintenance to common areas and protect property values within a community, typically accomplished through bylaws, rules/regulations and declaration of covenants, conditions and restrictions.