Real estate tax due dates, penalties and interest in Chesterfield, Henrico, Hanover and nearby localities, with what the dates mean at closing.
Your lender must get you the Closing Disclosure three business days before closing. Here is how to count the days, which three changes restart the…
After a mortgage approval, lenders typically re-check your credit, job and funds before closing. Here is what counts as new debt, how deposits and gifts…
An explainer on what happens when a HECM reverse mortgage becomes due after a Richmond-area homeowner moves, sells, or passes away, including heirs' options and…
How Virginia's DMV title elimination process converts a manufactured home from personal property into real property, and why mortgage lenders require it before closing.
Waiting periods after Chapter 7, Chapter 13 and foreclosure for conventional, FHA, VA and USDA loans, with the source and date of each rule and…
A DSCR loan qualifies a rental property on its rent, not your tax returns. Here is how the ratio is calculated, what lenders also check,…
What the underwriter verifies after you go under contract, how conditions and clear to close work, which documents lenders ask for again, and what causes…
A comparison of how a HELOC and a home equity loan are underwritten and used by Richmond-area homeowners financing a renovation, including what happens to…
A plain-language guide to how a 1031 exchange actually works for Richmond-area rental property owners, covering the 45-day and 180-day deadlines, the role of a…