Category: Real Estate

Although it might seem like a part of a music song, a straight note is a form of a promissory note. But exactly what type of loan is it? Straight notes are a type of mortgage note where you make interest-only payments for a short time, and then the entire principle is due. There are…

Have you ever wondered what the term GF number means in a real estate transaction?  GF stands for Guarantee File and is the working file number in a real estate transaction. It is commonly used by Title, Escrow, and Lenders to make sure everyone is working on the same file. In some states, it is on the…

When you are buying or selling a house you know that each side typically has an agent representing them,  But there is a third party that most people don’t know much about.  It’s a Title or Escrow Company, and depending on your state they could be the same or different. A Title company handles the…