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"Best Real Estate Agent in Town!"
"I would like to personally thank you for your great effort in selling our home. You handled everything in a very professional manner. You always kept us informed of every detail through the selling process". "We really enjoyed working with you from start to finish". "If you ever need a reference, please feel free to have them contact me. I will gladly endorse you as the best real estate agent in town".
Dan Dorsch
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Closing or Settlement >The Good Faith Estimate
When you buy a home, you will pay "closing costs" in addition to the down payment. These costs include the "points" you pay on your mortgage loan, title and hazard insurance, the title search, legal fees, and other charges imposed by the lender. These charges vary by state and county, but they usually represent a considerable amount of money.
Your real estate agent can tell you about the closing costs in your area. Ask your agent for some general figures when you begin your search for a new home, and use this information as a guideline. When you apply for your loan, the lender is required to provide you with a "good faith" estimate of the closing costs. The lender's good faith estimate is usually close to the actual amount, since the sales contract will have the price and terms of your new home spelled out. As the closing approaches, your real estate agent will give you a final figure for the check that you will bring to the closing table.
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| Q |
Where was the first hotel built in the US?
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| A |
The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink. |
See More Real Estate Trivia > |
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