Real estate blog entries tagged with settlement costs by Ken Cook, Web Dev, Brand Strategist 678-439-8683

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Home : Blogs : Ken "Yes You Can" Cook : Superior, HandCrafted Web Apps : Tag "settlement costs"

settlement costs: Want To Create Your Own GFE - Why Not? - 11/17/08 03:41 PM

Excuse me if I sound a little agitated. I'm still trying to figure out why a "respected real estate expert" would encourage a seller to create their own GFE. What possible good could even come from it? Is the buyer going to show up at the closing table and say, "all these numbers on the HUD1 are wrong - here is what the seller gave me and this is what I made an offer on"? And now the post ...
We all understand the feeling of being out of control or not being satisfied with how an industry operates. Sometimes we … (4 comments)

settlement costs: RESPA Reform For Everyone! Yay! New GFE and New HUD - 11/12/08 04:58 PM

NOTICE: ALthough the new HUD1 and GFE have been released we don't start using them until January 1, 2010 so no need to stop, drop and roll.---
Here, you will need these:
The new GFE http://www.hud.gov/content/releases/goodfaithestimate.pdf The new HUD1 http://www.hud.gov/content/releases/hud-1.pdf
Got those? Great!
The first thing you will notice about the GFE is that it is totally redesigned. It's not just Windows Vista with a new name it is actually a different set of documents! Easier to understand? Let's see:
First section Got that first sentence - the average borrower will skip right over the further information blah blah blah.
don't … (8 comments)

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Ken "Yes You Can" Cook

Marietta, GA

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Ken Cook, Web Dev, Brand Strategist 678-439-8683

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