Wednesday, December 10, 2008

A Perspective On Lender Fees

When you are in the middle of a real estate transaction, there is a lot of different paperwork that comes swirling at you. It can be confusing and one tends to follow the advice or guidance of their agents. The trick is, they can only offer guidance and the bottom line of understanding your paperwork falls completely on you. The present housing crisis is a great example of people not getting the best information.


One of the tidbits I'd like to look at right now is Lender Good Faith Estimates. They may look different between the different lender offerings and could be confusing, but they effectively, are all the same.

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Read the rest of my article over on my Associated Content account for insight to contracts, closing papers and just how much power you do have over all the agents in the process.

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Hi - sorry for the confirmation but I need to weed out the noise from the well intended comments. Thanks for leaving a note... - Bruce