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News about Mortgages:
Binding contract require 3 elements - San Francisco GateBenny L. Kass The buyer's Realtor requested the deposit back, and my Realtor told me it wouldn't be worth fighting, so I followed her advice. Later, I received another acceptable offer, but the same thing happened, as the buyer withdrew for a lame ...
Worst Recession Since the 30s Will end in 2009 - BusinessWeekEconomists at Wells Fargo predict the economy will improve by the second half of 2009. “The ongoing impact of $2 trillion in government stimulus, with other factors such as pent-up consumer demand and returning consumer confidence, will finally ...
Real Estate Mailbag: Agent who advised refunding deposit was off base - Elkhart TruthDear Benny: I had a few acres of rural property that I put on the market. I received an acceptable offer along with a deposit. Before the closing, the buyer withdrew the offer for a reason that was not listed on the contract. The buyer's Realtor ...
Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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