Author | Rocket Mortgage

Understanding FHA 203(b) Loans And How They Differ From FHA 203(k) Loans

4-minute read

Sarah Sharkey - April 12, 2024

FHA 203(b) loans are intended for move-in ready homes and FHA 203(k) loans are used for homes that require significant repairs. Learn more about these loans.

How To Start Investing In Real Estate: What You Need To Know

Home Buying - 8-minute read

Sarah Sharkey - April 09, 2024

Real estate investing has the potential to create passive income and profit for investors. Learn more about how to make real estate investments.

How Much Should I Spend On Rent?

Home Buying - 7-minute read

Sarah Sharkey - April 04, 2024

Are you wondering how much you should spend on rent? Read on to learn how to calculate how much rent you can afford and tips for making rent more affordable.

How Is Rental Income Taxed? A Guide For Real Estate Investors

8-minute read

Sarah Sharkey - April 03, 2024

As a real estate investor, you’ll pay income taxes on rental income. Learn about how rental income is taxed and what rental property tax deductions you can claim.

Escrow Refund: What Is It and When Does It Occur?

Mortgage Basics - 4-minute read

Sarah Sharkey - March 25, 2024

Not sure what an escrow refund is or even when they occur? Read our article on all things escrow refund related and what to expect when dealing with one.

Desktop Appraisals: What You Need To Know In The Time Of COVID-19

Home Buying - 4-minute read

Sarah Sharkey - March 20, 2024

Questions about desktop appraisals? Learn why desktop appraisals are becoming more common and whether one is right for you.

Utility Easements, Explained

Home Buying - 3-minute read

Sarah Sharkey - March 14, 2024

A utility easement is what allows public utilities like sewage, electricity, water and more to exist. Learn about how utility easements can impact homeowners.

Dual Agency: What You Should Know Before You Buy

Home Buying - 5-minute read

Sarah Sharkey - March 12, 2024

Dual agents work for both the buyer and seller in a real estate transaction. Learn more about how this works and how to decide if dual agency is right for you.

What Is The Design Approval Primary Inspection Agency (DAPIA)?

3-minute read

Sarah Sharkey - March 11, 2024

The Design Approval Primary Inspection Agency, or DAPIA, inspects and approves manufactured home designs. Learn this process before buying a manufactured home.

What Is Condemnation In Real Estate And What Do Homeowners Need To Know?

Mortgage Basics - 4-minute read

Sarah Sharkey - March 08, 2024

Condemnation in real estate occurs when the government uses its eminent domain authority to take property. Learn what condemnation can mean for homeowners.

Coming Soon Real Estate Listings, Explained

5-minute read

Sarah Sharkey - March 08, 2024

Some real estate agents will list a home as “coming soon” before it hits the market. Learn more about coming soon real estate listings and their pros and cons.

Can You Get An FHA Loan On A Mobile Home?

4-minute read

Sarah Sharkey - March 06, 2024

Can you get an FHA loan on a mobile home? Yes! Let’s discuss the pros and cons and everything you need to know about using an FHA loan on a mobile home.

Can You Back Out Of A House Offer? How To Formally Withdraw

6-minute read

Sarah Sharkey - March 05, 2024

Typically, you can back out of a house offer after it’s accepted. See how home buyers can avoid financial loss when they back out of a home purchase agreement.

Assessed Value Vs. Market Value: Your Questions Answered

Home Buying - 5-minute read

Sarah Sharkey - February 29, 2024

What’s the difference between assessed value and market value? One is the home’s tax-assessed value; the other is what buyers are willing to pay. Learn more.

A Complete Guide To A $100,000 Mortgage

Loan Types - 6-minute read

Sarah Sharkey - February 25, 2024

Considering a $100,000 mortgage? Learn about a loan this size, including how much you can expect to pay each month, eligibility requirements and more.

What Is A Step-Up In Basis And How Can I Get One?

Mortgage Basics - 4-minute read

Sarah Sharkey - February 23, 2024

If you’re deciding between gifting your home or bequeathing it, you may want to weigh the tax implications first. Learn how a step-up in basis benefits heirs.

What Is A 20-Year Mortgage, And Should You Consider One?

Mortgage Basics - 8-minute read

Sarah Sharkey - February 15, 2024

A 20-year mortgage is a home loan with monthly payments to a lender over a 20-year term. Learn more about 20-year home loans, including their pros and cons.

Earthquake Insurance: What Does It Cover, And Do You Need It?

Home Buying - 6-minute read

Sarah Sharkey - January 30, 2024

Earthquake insurance covers damages that homeowners insurance and renters insurance don’t. See how much earthquake insurance costs and decide if you need it.