Most real estate transactions use various property deeds to transfer title from the grantor (the previous owner) to the grantee (the new owner). The type of deed used will depend on the type of title warranties and covenants that the grantor provides. Here are a few of the most common forms of property deeds to give you…
Everything You Need to Know About REO Investing in commercial real estate has been one of the most dependable paths to financial independence in the United States for centuries. Unfortunately, finding the right commercial property to buy is easier said than done. What Is Real Estate Owned Property? An REO or real estate-owned property is…
It’s 2021, and mortgage lenders need to start publishing to get their names out there. With the advent of the internet, it has become second nature to seek information before deciding whether to find a dinner recipe, start a project, or purchase a home. It’s also become more accessible than ever to find that information.…
Significant life changes are often accompanied by stress, fear of the unknown, and uncertainty. This notion rings especially true for employees or others affected by the pandemic who are relocating. If you’ve recently accepted an exciting job offer in a new place, getting your ducks in a row can prove challenging. Finding a place to…
It all boils down to numbers. Between 13.9 and 15.9 million new households are expected by 2027; the next ten years are projected to be the strongest in US history for the housing market. The upsurge will be created primarily by two new groups of homeowners: Millennials and Hispanics. Why the Surge in Demand? The…
A research study conducted by Fannie Mae and the University of Southern California (USC) looks at millennials and homeownership from a new perspective. The study compares the past and current home buying behaviors of young adult homebuyers using cohort analysis rather than age-group analysis. And the study reveals that millennials have actually been changing their…
No, it’s not floods, tornadoes, or alligators, but interest rates are the common denominator among home buyers these days. Data Shows Buyer and Owner Anxieties According to a Berkshire Hathaway Home Services survey, eight in ten prospective home buyers thought rising interest rates were the number one challenge that might face the real estate industry.…
Taking out a loan can be a daunting, overwhelming process. Many prospective buyers have serious mortgage fears. Here are their top concerns: Not Qualifying Due To Bad Credit As we all know, lenders check prospective borrowers’ credit when they apply for a mortgage. Customers with a high credit score, i.e., between 760 and 850, will…
BNN Services is proud to have an A+ Rating from the Better Business Bureau (BBB). Perhaps you’ve seen other businesses tout their good ratings as well. But what do they mean? How prestigious are they? And what exactly sets companies that receive A+ Ratings apart from the rest. You’re in the right place to find…
Though remote online notarization existed well before coronavirus, this modern alternative failed to gain momentum until the pandemic hit. With social distancing guidelines in place, many turned to RON to promote safety and convenience. The urgency for RON caused many providers to scramble, resulting in creative solutions and heightened collaboration. In a recent interview, Rick…
As a realtor, you work closely with your clients to make sure everything goes smoothly from the minute they contact you about buying or selling a house until they sign all the paperwork at the mortgage closing. But how do you maintain a professional relationship with clients after the closing so that the next time…
How Does IT play into Remote Working? When the COVID-19 pandemic started preventing people from coming to the office, working from home became the norm. Now, more than a year after the start of the pandemic, many companies are sticking with remote or hybrid models. Evidence suggests that this trend will continue even after the…
