HOA Documents for Closing: What to Request, Review, and Deliver

Buying or selling a home in a Homeowners Association (HOA) community comes with an extra layer of required paperwork, and missing even one document can delay your closing. These materials, often called the resale package, explain the community’s rules, financial health, insurance coverage, and any f

What Is a Dry Closing? How It Works, Risks, and State Rules

A dry closing is a closing where all documents are signed, but the transaction isn’t funded on the same day. The lender typically wires the funds the next business day, after completing final reviews. Until the money arrives, the buyer doesn’t legally take ownership and the seller doesn’t receive pa

Conforming Loan Limit Rises to $832,750 Amid Lowest Home Price Growth Since 2012

Both the FHFA and the S&P/Cotality Case-Shiller home-price indices released new data this week. The message remains consistent: home prices are still higher than a year ago, but the pace of appreciation continues to slow. FHFA’s national index shows prices up 1.7% year-over-year and flat 0.0% mo

How Long Is a Mortgage Preapproval Good For? Timeline, Tips, and What to Do If It Expires

If you’re planning to buy a home, getting preapproved for a mortgage is one of the most important early steps. But many buyers don’t realize these letters don’t last forever — and an expired preapproval can slow down your home search, whether you’re exploring a home for sale in San Diego, CA or eyei