APR vs APY
What is an APR? An Annual Percentage Rate (APR) measures the amount of interest you’ll be charged yearly when you borrow. Having a lower APR […]
Friday Fast Facts
Could Raising Interest Rates Reduce Inflation?
What is Inflation? Inflation is when prices in goods and services rise and can weaken the value of currency. It can have many differing factors […]
What is an Adjustable-Rate Mortgage (ARM) 5/1, 7/1, 10/1?
When it comes to choosing a mortgage plan, most cases will have the option of a fixed rate for the life of the loan […]
Lenders vs. Owner’s Policy – March 2, 2022
Searching for a home is exciting but it is also important to be aware of all the terms and legalities you will be dealing with. […]
Cloud on Title – February 9, 2022
When buying a home, the ideal situation is purchasing a home where there are no issues with title. But unfortunately, that is not the case […]
Current Developments – January 14, 2022
Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which […]
Affidavit of Title – December 1, 2021
Affidavit of title is a legal document provided by the seller of a piece of property that states the status of potential legal issues involving […]
Single and Separate and the Doctrine of Merger – November 5, 2021
Generally, many property owners assume that where a lot is held in single and separate ownership they are entitled to an area variance “as […]
The Need For Surveys – November 3, 2021
When buying a home, there are many things that must be done before sealing the deal. One of those things is obtaining a survey. Surveys, […]
Current Developments – October 22, 2021
Current Developments is a newsletter provided by First American Title Insurance Company highlighting some of the latest developments in the State of New York which […]