Mortgage Applications Surge at Beginning of New Year

The first week of 2020 brought a resurgence in the housing market, starting the year off strong for mortgage applications. The rise in applications is credited to low interest rates, which have spurred an increase in both home purchases and refinancing by current homeowners. In fact, demand by new homeowners has risen to the highest level it has been since October 2009, according to the Mortgage Bankers’ Association.

Dealing With Easements and Covenants

It may seem ridiculous to say that, when you purchase a property, not all the property may belong to you, even if you pay for it all upfront with no mortgage. However, that may be exactly the case, if there are any easements or covenants attached to the property.

Ensuring Your Title is Clear

If you are planning on selling your house, there are plenty of things you need to take care of. While it may not seem like a big deal, a failure to ensure clear title can have major legal and financial implications for sellers who are not in the know.