Net Worth
Net worth is a measure of wealth. Net worth is the sum of all assets owned by a person or a company, minus any obligations
The latest news, tips, and tricks for homeowners
Net worth is a measure of wealth. Net worth is the sum of all assets owned by a person or a company, minus any obligations
The HUD-1 statement is a settlement form used to itemize and reconcile all the charges paid by the buyer and seller in purchasing real estate.
A guaranteed loan is one in which a third party supports the borrower by promising to repay the debt if the borrower defaults or stops
Established in 1994, the Farm Service Agency is a federal agency responsible for providing loan guarantees and disaster relief to farmers and rural citizens, as
The Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using deceptive, unfair or abusive practices to collect money from you. Anyone who regularly
Experian is one of the major credit reporting agencies. A publicly listed, international corporation, Experian collects financial information from people and businesses worldwide to assess
Commonly used in real estate transactions, an escrow company holds money and documents between parties. As a neutral third party, the escrow company helps facilitate
Financial instruments held by a neutral third party on behalf of two parties who are engaged in a financial transaction. An escrow account basically means
Equity describes the value of an asset after subtracting the value of any liabilities on the asset. Commonly used to describe the value of a
Equifax is a credit bureau. Equifax tracks the credit history of borrowers in order to generate credit reports and credit scores. It sells this information