Valparaiso Real Estate Blog

It's beneficial  for the seller that is having difficulty making their monthly payment, and owes more on the property than it is worth in the current market.  Because they're going to be forgiven a large portion of the money they owe, and are saving their credit (way better than a foreclosure on ...

A short sale is beneficial for a homeowner that owes more on their home that it is worth. The homeowner can sell their property  before a foreclosure takes place if they are 2 months late on their . The listing price is determined by broker price opinions, recent comps in the area and the conditi...

Title insurance is a one time insurance premium that covers you against legal problems regarding claim to your property. These potential problems can be caused by mistakes and irregularities that may have occured in the past. Typically the seller purchases a policy to ensure that the title that i...

Closing costs include services required for a property to change hands. These services include title work, appraisals, inspections, document preparation, recording fee and other expenses.