The topic of Dower and Dower rights commonly arises in real estate property transactions. Quite simply, a Dower right is a married person’s right to occupy the dwelling where they and their spouse live, and which is owned solely in the name of their spouse.
IN MAY OF 2018, policy makers instituted the Stress Test for mortgage qualifying with the intention to ensure that homeowners would be able to keep up with increased payments, as interest rates increased.
It is so important to get educated on the real estate process and industry. We are talking about one of the biggest investments of most people’s lives; a little time to empower yourself will go a very long way. Here’s our easy to follow, Step by Step Guide to Buying Real Estate.