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Why Do Lenders Itemize Loan Charges?
July 20, 1998 "Wouldn't taking out a mortgage be less of an ordeal if lenders, instead of charging borrowers a bunch of different fees, charged a single fee covering everything? Why don't they?" You have put your finger on ... more...

HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

chicago home inspection service related definitions

Second Home, Vacation Home
Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more...

Vacation Home
Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more...

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Get Free chicago home inspection service Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Learn the Abbreviated Language of Realty Agents
Sunday mornings with the newspaper real estate section can be daunting to home buyers and sellers. Figuring out the shorthand for popular home features takes an inquiring mind. Mark Nash, author of 1001 Tips for Buying and Selling a Home takes the guess work out of listing sheets and classified ... more...

The Best Time to Inspect Your Home!
Home inspections conducted prior to a home being placed on the market is one of the wisest moves a seller can make. The initial response from sellers when approached with the idea of an inspection done as the home is about to be put up for sale is most always the same - "What?!"Let's review a few ... more...

Getting a Home Inspection
If you are in the process of purchasing a new home, it will definitely be in your best interest to have a home inspection done.Not only will you want to have a home inspection done for your own sake, and peace of mind. But most lenders will require that you have a home inspection before they will ... more...

Inspecting Home Inspectors - Examining the Quality and Consistency of Home Inspections
In real estate transactions, some things never change. Sellers usually feel theyve given their house away, buyers believe theyve paid too much and Realtors fear neither side will ever get to the closing table. There is however, one thing that has been inconsistent in real estate transactions: the ... more...

Realtors: Inspecting Home Inspectors
Examining the quality and consistency of home inspections. Province of Ontario, June 2005 UpdateIn real estate transactions, some things never change. Sellers usually feel theyve given their house away, buyers believe theyve paid too much and Realtors fear neither side will ever get to the closing ... more...

Creative Home Equity Strategies for Retirement
The Baby-Boom generation is nearing retirement and it is clear that millions of aging Boomers are financially under prepared. Reasons are many - poor savings habits, rising medical costs, the demise of guaranteed corporate pensions, and the dreaded squeeze faced by many: i.e. having to pay college ... more...

Home Loans Would You Buy a Home Without an Inspection?
The housing market has exploded, with home prices rising beyond all reason in some markets. Home prices have doubled or tripled during the last five years, and in some cities, the asking prices for homes are considered only to be suggested opening bids. Homes often sell in a few days or even ... more...

Should You Get a Home Inspection?
Its very important, and in my opinion, mandatory to have a home inspection done before you close on a house. The inspection helps with giving you an objective evaluation of any problems with the home before you move in.Make sure you have a home inspection contingency in your contract before you ... more...

The Road to Success in Home Business: Passion, Commitment, Self-Discipline, and a Good Plan
Starting a home business is an adventure, full of exciting twists and turns - and challenging detours, too. It can take you to places you never dreamed. It can make your dreams come true. Running your own home business can teach you things about yourself you may never learn while working for others ... more...

Tips for Buying a New Home
My wife and I recently purchased a new home in Tennessee. Here are some helpful hints we picked up along the way:1. Use all of the online resources available. Almost every state and local government has a website where you can research real estate information. The data on home sales, taxes, and ... more...

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