Are you considering buying a foreclosure?

Should you buy a foreclosure? Make $500,000 in one year! Buy houses for pennies on the dollar! The business of buying foreclosures and the pre-foreclosures has never been hotter. The

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Mortgage Broker Laws Defined

  Within three business days following receipt of a loan application or any moneys from a borrower, a mortgage broker shall provide to each borrower a full written disclosure containing

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Are closing costs negotiable?

  Curbing Closing Costs BORROWERS have some weapons for keeping closing costs down, the result of recent guidelines requiring lenders to disclose certain fees, but perhaps the most underutilized consumer

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Borrower’s Closing Costs Example (purchase)

WEST VIRGINIA Borrower’s Closing Costs Example (purchase) Sales Price $174,000.00 Deposit / Earnest Money $1,000.00 Loan Amount $139,200.00 Attorney’s Fees (Title Exam, Closing Etc.) $450.00 Loan Charges/Escrow $2,339.18 Lender’s Policy

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Borrower’s Closing Costs Example (Refinance)

          WEST VIRGINIA Borrower’s Closing Costs Example (Refinance) Loan Amount: $145,000.00 Attorney’s Fees (Title Exam, Closing, Etc.) $450.00 Lender’s Title Policy Premium $391.00 Owner’s Title Policy

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