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What is a broker price opinion (BPO)?
Key takeaways A broker price opinion, or BPO, is an estimate of a property’s value conducted by a real estate…
VA loan limits for 2024
Kate Stoupas/Getty Images VA loan limits were eliminated in 2020. That means VA loan borrowers with full entitlement can borrow…
Net proceeds from a home sale: How much do you really make when you sell?
Key takeaways In real estate, a home seller's net proceeds is the amount of money they walk away with after…
What is a bridge loan and how does it work?
DenisTangneyJr/Getty Images Key takeaways Bridge loans are short-term loans that help cover costs during transitional periods, most often the time…
The impact of natural disasters on insurance rates in 2024
Homeowners across the U.S. are left footing the bill for damage caused by natural disasters, which are reaching unprecedented levels…
I’m not a homeowner. Here’s why the home insurance crisis keeps me up at night
Living in San Francisco, I am surrounded by things out of my financial reach: self-driving Jaguars, Corgis pushed in $400…
Why your mortgage gets sold, and what you can do about it
Feverpitched/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Mortgages are often sold to other companies or investors to free…
What is conditional approval in a mortgage application?
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
How to prevent your home from flooding
Flooding is the most frequent and costly natural disaster impacting the U.S.— also one of the most misunderstood. Homeowners living…
Home equity loan vs. home improvement loan: Which is better for a renovation?
Key takeaways Home equity loans are second mortgages: Borrowers convert all or part of their homeownership stake into ready cash,…
