Resources Title

Resources Title Resources title provides full service real estate title insurance and settlement services for New Jersey real estate.

A Loan Estimate is a short, but very important document. It details the terms of your loan, such as:Whether your loan in...
04/02/2021

A Loan Estimate is a short, but very important document. It details the terms of your loan, such as:

Whether your loan includes a prepayment penalty or a balloon payment, and which expenses are included in your escrow account. It will be projected monthly mortgage payment, including taxes, insurance and other assessments.

Estimated closing costs and the amount of cash you’ll need to have on hand at the time of settlement.

Information on services you can shop for, like pest inspections, survey fees and the appraisal.

It provides an easy way to compare offers from multiple lenders, including total costs, the annual percentage rate, your interest rate including fees and the amount of interest you’ll pay over the loan term.

Once you've chosen your lender, hang on to the Loan Estimate, you'll want to compare it to the Closing Disclosure you'll receive near the end of the closing process to make sure there are no errors or substantial
revisions.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Before a Lenders Policy is issued, the title agent or attorney working on behalf of the underwriter examines the pertine...
04/01/2021

Before a Lenders Policy is issued, the title agent or attorney working on behalf of the underwriter examines the pertinent documents to determine whether the property is insurable. Documents can include deeds, wills, trusts, outstanding mortgages and judgments, property liens, highway or utility line easements, pending legal actions and notary acknowledgements.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Easements are a right given to another person or entity to use or access land owned by somebody else. Common easements a...
02/22/2021

Easements are a right given to another person or entity to use or access land owned by somebody else. Common easements are used for roads or given to utility companies for the right to bury cables or access utility lines. Being aware of easements is especially important if you plan on adding features to your property like a fence or pool.

Review the title insurance preliminary report or title commitment, which lays out where easements are located on the property. An easement description might say it covers the Easterly 5 feet. This means you can't build or install any type of permanent structure in an area that runs for 5 feet along the east side of your property line.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Getting an up-to-date survey done on your property lets you know exactly what you’re buying. Knowing where your property...
01/14/2021

Getting an up-to-date survey done on your property lets you know exactly what you’re buying. Knowing where your property lines are may save you from a potential dispute with your neighbors, and, because your property tax is often based on how much property you have, it is best to have an accurate map drawn up.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Thank you to our team, our partner realtors, mortgage agents and real estate attorneys, and our amazing clientele. We ar...
01/01/2021

Thank you to our team, our partner realtors, mortgage agents and real estate attorneys, and our amazing clientele. We are grateful for your support, and we wish you a 2021 filled with happiness and success!

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

#2021

The FHFA has increased the 2021 conforming mortgage borrowing limit to $548,250 in most parts of the US.A conforming mor...
12/30/2020

The FHFA has increased the 2021 conforming mortgage borrowing limit to $548,250 in most parts of the US.

A conforming mortgage has standard requirements surrounding your credit score, down payment, and debt-to-income ratio, and it charges a lower interest rate than some other types of mortgages.

In 2021, the borrowing limit for a single-unit home in most parts of the US will be $548,250. In more expensive parts of the country — such as Alaska, Hawaii, Guam, and the US Virgin Islands — the limit increases to $822,375.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Our expertise spans all areas of real estate title and settlement services. Whether you’re a first-time homebuyer or mak...
12/29/2020

Our expertise spans all areas of real estate title and settlement services. Whether you’re a first-time homebuyer or making a move, buying cash or getting a mortgage, we have the knowledge and attention to detail required to provide for a smooth transaction. We make buying a home easy, secure, fast and friendly. We hope we’ll be your choice for your first home purchase and every purchase thereafter!

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Getting pre-qualified for a mortgage gives you an estimate of how much a lender may be willing to lend based on your inc...
12/18/2020

Getting pre-qualified for a mortgage gives you an estimate of how much a lender may be willing to lend based on your income and debts. As you get closer to buying a home, it’s smart to get pre-approved, where the lender thoroughly examines your finances and confirms in writing how much you are able to finance. Having a pre-approval letter in hand makes you look like a more serious buyer and can give you an upper hand over others who haven’t yet taken this step.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

Before your closing date, request copies of your paperwork from the closing attorney to review, as there will not be tim...
12/16/2020

Before your closing date, request copies of your paperwork from the closing attorney to review, as there will not be time to read over everything at the closing itself. Check your closing documents and the HUD 1 Settlement Agreement to verify that the terms of the contract are correct. Conduct a walk-through to verify the condition of the house is the same as when placed under contract. Be sure to double-check that inspection items have been addressed.

Closing can be stressful and emotional, but taking extra time to make sure there are no errors in your documents can help reduce stress, so you can head to the closing table with confidence!

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: resourcestitle.com

For example, with a $300,000 loan on a 30-year fixed-rate mortgage, the difference between a rate of 3% and 2.9% will be...
12/11/2020

For example, with a $300,000 loan on a 30-year fixed-rate mortgage, the difference between a rate of 3% and 2.9% will be a savings of nearly $5,800 in interest over the duration of the loan.

Don't settle for the average interest rate. It's worth the time and effort to shop around for your best possible rate, even when rates are historically low.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: www.resourcestitle.com

Welcome to Resources Title, Eatontown, New Jersey! We want to be your first choice for title insurance and settlement s...
12/11/2020

Welcome to Resources Title, Eatontown, New Jersey!
We want to be your first choice for title insurance and settlement services.

Resources Title, LLC
Phone: 732.876.3737
Fax: 732.982.2969
Web: www.resourcestitle.com

Address

234 INDUSTRIAL Way WEST
Eatontown, NJ
07724

Opening Hours

Monday 9am - 5pm

Telephone

+17328763737

Website

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