Things Your Mother Never Told You: Closing Costs
Author: Elaine VonCannon
Buying or selling a home can be one of the most life changing decisions a consumer makes. Being educated about the real estate process and investigating things you don't understand is essential. Working with trustworthy and communicative real estate professionals is important. A lot of money is on the line when purchasing or selling a home, so be sure to ask questions when you need to about charges, fees or other issues.
You Gotta Have Faith!
Three days after an initial application has been submitted the lender must provide a Good Faith Estimate of settlement costs (GFE). The GFE is a list of closing charges and the HUD settlement statement you receive at closing is the confirmation o...
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