The CourthouseDirect.com Blog

Can Mortgage Record Errors Be Fixed?

Posted on Wed, Jan 20, 2016 @ 07:30 AM

Ideally, lenders will double and triple check everything before filing a formal mortgage record. Unfortunately, mistakes do happen, and an error on your mortgage record can hinder property transfer, bankruptcy proceedings, and the refinancing process.

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Tags: Mortgage

Mortgage Records 101: Finding and Understanding Mortgage Records

Posted on Wed, Dec 16, 2015 @ 07:30 AM

If you handle real estate transactions as part of your business, you have to do lots of research. Real estate is one of the biggest investments most people make, so it’s important that you help your clients prepare properly for this purchase, and that can mean giving them the information that can help them get the best deal possible. When they have ample information, they should be able to make smarter, more informed decisions. Looking up property and mortgage records is a great way to get them started.

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Tags: Mortgage

Preparing to Refinance Your Home: What You Need to Know

Posted on Fri, Feb 21, 2014 @ 07:00 AM

Every year, hundreds of thousands of homeowners prepare to refinance their mortgages. In recent years, favorable financial conditions have led to an upsurge in this trend. While it's always advisable for homeowners to speak with financial professionals who have an intimate knowledge of their specific circumstances, it's certainly possible to generalize about the pros and cons of refinancing. If you're thinking about employing this method to reduce your monthly mortgage payments or free up much-needed capital, take a moment to learn more about it. 

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Tags: Real Estate, Mortgage

HARP Refinancing Rules: What You Need to Know

Posted on Mon, Jan 27, 2014 @ 07:00 AM

Since the housing market bust of the late 2000s, mortgage rates have remained at historically low levels. While there's no guarantee that this situation will continue into the future, most economists expect interest rates to follow a "new normal" pattern that makes the spikes of the late 20th century look punitive. Homeowners who wish to restructure their finances and free up some cash flow for debt repayments, investments or other projects may wish to investigate the plethora of refinancing options available to well-qualified homeowners. One of the most popular refinancing vehicles for homeowners with existing mortgages is known as the Home Affordable Refinance Program.

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Tags: Mortgage, Finance

Simple Guide to Texas Home Equity Lending Laws

Posted on Wed, Jan 08, 2014 @ 07:00 AM

Things aren't always bigger in Texas. To the delight of its homeowners, the Lone Star State boasts some of the country's strongest curbs on home equity lending. These effectively reduce the size of the average Texas home equity loan and foster a range of safeguards for local homeowners who wish to tap the equity in their homes without taking on undue risk. At the same time, it's crucial for homeowners to understand their responsibilities as borrowers and take steps to minimize the risk of unpleasant surprises.

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Tags: Mortgage, Finance

Biggert Waters Act: How will Texas Flood Insurance Rates Affect Lending?

Posted on Mon, Dec 30, 2013 @ 07:00 AM
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Tags: Mortgage, Finance

How Will a Divorce Affect your Mortgage Payments?

Posted on Mon, Dec 16, 2013 @ 07:00 AM

Divorce proceedings produce plenty of emotional, financial and logistical headaches. Worse, they can create repercussions and aftereffects that last for years after the initial separation. While it's virtually impossible to anticipate all of these problems, there are steps that you can take to prepare for some common setbacks. Take a moment to learn how a divorce can affect your mortgage payments.

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Tags: Mortgage

Do You Really Need Private Mortgage Insurance?

Posted on Fri, Dec 06, 2013 @ 07:00 AM

Whether you're a seasoned homeowner or looking to close on the purchase of your first residence, the prospect of buying a new home leads to plenty of important considerations. One of the most crucial of these is mortgage insurance. If you're obtaining a privately issued mortgage and don't qualify for FHA assistance or other federal housing subsidies, chances are good that you'll need to take out a private mortgage insurance policy. Before you dive into the treacherous waters of the mortgage insurance market, familiarize yourself with your options.

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Tags: Mortgage

Home Equity Loans 101: What They Are and How They Work

Posted on Mon, Dec 02, 2013 @ 07:00 AM

You've probably heard of home equity loans, but you might be unclear on what these credit vehicles actually entail. Although the concept of a home equity loan is simple enough to understand, any detailed description of this form of credit requires parallel explanations of often confusing terms. Before you talk to a home equity loan provider, protect yourself by taking the time to learn the basics.

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Tags: Real Estate, Mortgage

What is a Good Faith Estimate?

Posted on Wed, Nov 27, 2013 @ 07:00 AM

You have decided on a home. Now you need to find a way to pay for it. Like most of us you probably won’t be paying the entire price in cash, so you will need to select a lender. A few years back (1974) the Federal Real Estate Settlement Procedures Act began requiring lenders to provide potential borrowers with a Good Faith Estimate (GFE)

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Tags: Mortgage