The term title refers to a document that lists the legal owner of a piece of property. Titles can be issued to depict ownership of both personal and real property. Personal property is anything that doesn't include real estate such as appliances, antiques, or artwork. Real property, on the other hand, is anything tangible like real estate. Title for real property must be transferred when the asset is sold and must be cleared for transfer to take place. This means it must be free of liens or encumbrances that could pose as a threat to its ownership.

Sometimes we need a little extra help now and again, even when it comes to buying a home. In this weeks article we go over what is legally allowed, and the rules behind accepting a “Gift” of funds for the purchase of a home.

Private Mortgage Insurance (PMI) is not a bad thing. It allows first time buyer to buy a house with less than 20% down and enjoy the fruits of home ownership sooner rather than later. Yes, you will be paying PMI which adds to your monthly payment, but it can be erased over time. Learn what needs to be done and how to prepare for this in this article.

Did you find the perfect first time home only to be told you can't buy it right now? The 90-Day Rule may be the culprit. Before you denounce it though, learn what it exactly is and how it's actually helping you make a better investment.