All in Real Estate

WHAT IS THE DIFFERENCE BETWEEN AN INTEREST RATE AND ANNUAL PERCENTAGE RATE (APR)

When it comes to refinancing or taking out a mortgage, understanding the financial terms involved is crucial to making an informed decision. One common point of confusion is the difference between the advertised interest rate and the loan's annual percentage rate (APR). In this blog post, we will delve into the disparity between the interest rate and APR, why it exists, and how borrowers can use this information to compare loan options effectively.

REAL ESTATE // STIGMATIZED PROPERTIES AND LATENT DEFECTS

Agents sometimes run into problems when taking a listing because the Seller is aware of a defect and does not want the Agent to disclose the defect. The problem is that the obligations of Sellers are not the same as the Agent. The Agents have a broader duty of disclosure than do the Sellers. Agents, under the regulations pursuant to your Code of Ethics are obliged to disclose material facts relating to the property.