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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Thu, 29 Sep 2005 19:16:31 -0500
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Quick Legal question about home buying Good Faith Estimates
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Text of the message: |
In article <1128003873.270018.228360@g44g2000cwa.googlegroups.com>, "ap" <aperez@easternbk.com> wrote: > 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. It is probably too late for you, but savvy buyers shop several closing companies for the best closing fees. You often get discounts if a closing company knows you are shopping. You can also negotiate out some of the junk fees. But when your back is up against the wall, the sharks smell blood. That is one of the ways that first time buyers get screwed, and get screwed badly. -john- -- ====================================================================== |
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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.