Jane has the answers to your real estate questions. Jane is JohnHart's own database designed solely to provide answers for real estate questions.
Ask Jane Hart
Developed by JohnHart, at JHU you'll find a vast amount of information on real estate and homes for sale.
Renting Vs. Owning
What is a Short Sale?
Do's and Dont's
Will foreclosures affect you?
Jane has the answers to your real estate questions. Jane is JohnHart's own database designed solely to provide answers for real estate questions. We are constantly updating our database to include more questions. If you can't find an immediate answer, please email Jane at Askjane@jhhre.com and one of JohnHart's experts will reply to your message as soon as possible. For every question you email, JohnHart will donate $1 to the City of Hope Cancer research, thanks for your co-operation.
How can buying a home help me?
Buying a home help to establish credit history, fosters stronger social network and establishes inner comfort. Homeowners enjoy tax benefits and powerful government representation. In addition, monthly payments are retained in the property as value rises helping to build equity.
What are my financing options?
Financing option depend greatly on credit and employment histories. Lenders are always looking for borrowers who maintained their credit profiles and held their current job beyond a year. Lenders also seek borrowers who held a job constantly in the past five years. Be ready, as lenders will ask for old tax records to prove income stated on loan documents. If qualified, borrowers can choose between traditional 30 years fixed mortgage, 15 year fixed mortgage or a variable plan. Some lenders also offer 45 year plans but with great restrictions.
What is a trustee?
Trustee is an independent entity which holds legal title for a property governed by a written agreement. In real estate, trustee is the party which is given authority over the legal title of the property to: 1) transfer title to the trustor (borrower) after repayment of loan; 2) foreclose on the property for the benefit of the beneficiary (lender); and 3) enforce clauses of the Deed of Trust.