Real Estate Talk with Joe

In our series "Real Estate Terms You Should Know," today we are going to talk about what is a lien. Understanding this term is crucial for both property owners and potential buyers, as it significantly impacts property transactions and ownership rights. A lien is a legal right or claim against a ...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is meant by a jumbo loan. This type of loan is crucial in the real estate market, especially for buyers looking into higher-priced properties that exceed the limits set by conventional mortgages. A jumbo loan...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is meant by a 1031 exchange. This tax strategy can be a game-changer for investors, offering a pathway for deferring capital gains taxes when selling and purchasing investment properties. A 1031 exchange, als...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is meant by zoning. This concept is a cornerstone of urban planning and real estate development, significantly impacting how land can be used.Zoning refers to the process by which local governments regulate t...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is a warranty deed. This legal document is pivotal in the world of real estate transactions, offering peace of mind and security to both buyers and sellers.A warranty deed is a document that transfers propert...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is a walk-through in real estate. This step in the home buying and selling process is crucial, yet it is often underestimated by both first-time buyers and seasoned investors alike.A walk-through is the final...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is meant by variable interest rate. This type of interest rate is a key concept in the world of mortgages and lending, and understanding it is crucial for anyone considering a home loan or currently managing ...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is Veterans Affairs and how it relates to real estate. The United States Department of Veterans Affairs (VA) plays a significant role in assisting veterans, active-duty service members, and select surviving s...

A VA Loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists, and select surviving spouses (provided they do not remarry) and offers ...

In our series "Real Estate Terms You Should Know," today we are going to talk about what is underwriting. This crucial step in the mortgage process plays a significant role in determining the terms of your loan and whether you will be approved for a mortgage to buy a home.Underwriting is the proc...