Understanding Your Loan: Closing Disclosure Page 1

by | Aug 7, 2018 | TRID

  The first page of your Closing Disclosure documents: The Loan Amount – the total you will actually borrow The Interest Rate – which does NOT include the fees factored into the APR on Page 5 If this loan has a penalty for pre-payment or includes a...

When Do I Get My Loan Closing Disclosure?

by | Aug 7, 2018 | TRID

  If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business days before consummation. It must be in writing, whether paper or digital, and disclose...

Which Square Footage Figure Should I Use?

by | Aug 7, 2018 | Going To Market:

  Home size is one of the key figures used in comparisons. But you may have different measurements to choose from,  as you’ll learn in this video, including builder, appraiser, tax records and possibly owner records. Which one is right, and which...

6 Selling Mistakes

by | Aug 7, 2018 | Going To Market:

  If you’re selling, don’t do these things – take some notes from the video! 1. Don’t Sell Before The House Is Ready. If it doesn’t present well, it won’t sell well. 2. Don’t Over-Improve People buy houses in...

What Is An Appraisal?

by | Aug 7, 2018 | Financing:

  Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller;  their primary mission is actually to protect the lender who’s risking money against...

What Happens After I’ve Applied For My Loan?

by | Aug 7, 2018 | Financing:

  Once you’ve supplied the 6 required piece of information and included any other information the lender deemed necessary, you’ll receive a Loan Estimate within 3 business days. Once all the information has been verified IF the loan is approved the...