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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.consumers.house - Date & Time for the message: Thu, 14 Apr 2005 00:53:20 -0400
/ Author of the message: Sam |
Title of the message: |
Re: Bank Bait & Switch?
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Text of the message: |
er0@netcarrier.com wrote: > Over the past few weeks I have been given quite the run-around by a > local bank. I locked into a good mortgage rate before they started to > climb. It was for a 30yr. fixed with zero points. Two weeks after > locking in I was informed by the bank that Freddie Mac requires a point > on any muli-family dwellings (it will be owner occupied, though). So > even though the lender never told me that, I eventually conceded the > point and continued on with the million things that need to be taken > care of when buying a home (this is my first time). Well, now, 10 days > before settlement, the bank says that Freddie Mac "doesn't like" the > appraisal because the comparison properties are too far away! The > nearest multi-family that sold is 3.5 miles away... and is well over > the price I agreed to pay for the property I am purchasing. It appears > that the bank is unhappy with the rate they promised and are trying to |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.