Real estate blog entries tagged with settlement by Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert

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settlement: HUD to Buyers: "It is your responsibility to search for an agent who will represent your interests in the real estate transaction." - 01/01/10 05:44 PM

Newly revised for 2010, HUD's latest publication related to buying a home is titled, "Shopping for Your Home Loan: HUD's Settlement Cost Booklet." It is a must-read for anyone who will be buying a home in 2010 (or beyond).
In spite of the title, the booklet doesn't just contain information on how … (13 comments)

settlement: The New Good Faith Estimate (GFE) Form, Page 2 Section B - 11/12/09 01:34 AM

Section B of Page 2 of the Good Faith Estimate (GFE) has 9 parts. Let's go through them.
Item 3 will be a list of required services that the lender will select. These are services necessary in order to complete your transaction. These charges are subject to a 10% tolerance … (6 comments)

settlement: The New Good Faith Estimate (GFE) Form, Page 1 (Part 1) - 11/12/09 01:00 AM

Let's examine the top half of Page 1 of the new Good Faith Estimate (GFE) form.
One of the first changes you will notice about the Good Faith Estimate form is that it now asks for the Loan Originator's email address.
It also asks for a Property Address. Remember, without a … (1 comments)

settlement: "Impressed with Your Professionalism" - 02/27/09 01:26 PM

Ben,I wanted to take a moment and thank you for letting us help you with the purchase transaction for the Tanners. I was impressed with your professionalism and particularly the depth of your understanding of the closing process and the HUD-1 settlement statement. Your attention to detail is obviously a huge … (5 comments)

settlement: What is the difference between Settlement, Closing and Possession? - 04/12/08 11:51 PM

When you go to "Settlement" you will sign documents such as your loan documents. Recording won't take place until after the Seller is paid. Possession can take place at any time as specified in the contract. See Section 3 of the Contract: "Settlement and Closing" Settlement occurs after ALL of … (2 comments)

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Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert - SLC, UT

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