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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Thu, 29 Sep 2005 13:07:21 -0400
/ Author of the message: Daniel Ganek |
Title of the message: |
Re: Quick Legal question about home buying Good Faith Estimates
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Text of the message: |
Daniel Ganek wrote: > ap wrote: > >> I think I alrealdy know the answer, but I want to check anyways. >> >> I'm closing on a house tomorrow in MA and just got the HUD-1 from the >> bank. Looking at the fees, I see that most of them are higher than >> what was quoted to me on the Good Faith Estimate. In total by about >> 33%. This doesn't include added monies such as taxes, insurance, and >> interest. I already know about those and have no problem with them. >> >> My question is can I do anything about it? At this point, I already >> have 5% down and have made arrangements so backing out or looking for >> another bank is not really an option. >> >> Going forward, how can I avoid this from happening again? I'll be >> financing again within a couple of months. >> >> I appreciate any advice. >> Thanks. >> > > Call the bank's lawyer today and ask him why there's such a discrepancy. > 33% is pretty big. > |
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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.