Summit Real Estate Blog

Cash-Outs Trade Money for Equity

Cash-Outs Trade Money for Equity

Question: We are interested in doing a “cash out” refinance on our home. Are there any risks involved with this type of refinancing? Answer: Cash-outs involve refinancing an existing mortgage and trading in home equity for cash. This option is ...

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Financing Terminology

Financing Terminology

Question: We are buying our first home and are very confused about the financing terminology. Could you give us some help?  Answer: First-time homebuyers might find financing terminology to be very confusing. One of the most important elements of ...

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Analyzing square footage

Analyzing square footage

DEAR ALLISON: In December 2007, I took title to a condominium in Silverthorne, CO unit that was listed on the MLS as being 1,017 square feet, according to the public records. Recently, I was going through a real estate handbook that I own, and it ...

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