What is closing agent - Pricing your House to Sell



Home \| Ask Your Question \| Mortgage Glossary \|Free Credit Report \| Mortgage Calculator

Mortgage Professor about closing agent:

Avoiding Markups on Third Party Settlement Services
December 17, 2001 ?The Federal appellate court in the 7th circuit recently ruled that it is legal for lenders to make a profit on third party services sold to borrowers, such as appraisals and credit reports. In contrast, HUD has always said that markups were illegal if there were no ... more...

Questions About Mortgage Brokers and Lenders
June 24, 2002 I get tons of mail from borrowers who are confused about the differences between lenders and mortgage brokers, and how these differences matter. "What is a mortgage broker?" A mortgage broker is a loan provider who offers the loan products of different ... more...

closing agent related definitions

HUD 1
HUD 1 A closing document required by HUD that outlines the settlement cost of a loan. The closing agent prepares this document and sends it to the buyer upon closing. The Department of Housing and Urban Development (HUD) was established by the Housing and Urban Development ... more...

Closing Costs
Closing Costs Expenses incurred by the buyer and seller in a real estate or mortgage transaction. There are two types of costs: recurring and non recurring. Non-recurring costs are one time transactional costs ... more...

More about closing agent

Get Free closing agent 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...

Pricing your House to Sell
Most Sellers set their initial asking price at an amount somewhat higher than they are actually willing to accept, fully expecting a buyer to open the bidding with a lesser amount.While price is the most frequently negotiated item in any home sale, you may be able to creatively provide financial ... more...

First Time Home Buyer Loans - How to Apply for a Mortgage Loan
For a first time home buyer, applying online for a mortgage loan makes the experience easy. You have plenty of time to compare rates and terms to find the best financing for your situation. With just a few steps, you can secure financing for your home with the lowest possible rates.1. Select ... more...

Real Estate Investment Requires A Team
I had a hard time at first with real estate investment. One of the reasons was that I tended to be a "lone wolf," trying to do too much myself. I've since learned that to really do well investing in real estate, you need to have a team of people you can trust and rely on. Here are some possible ... more...

Seven Tips in Choosing Maui Income Properties
Aloha! If you are interested in choosing a Maui income property, then there are some details that you should know. You might be a bit intimidated by the whole process of buying a home. This article will offer tips to those that are thinking of investing in Maui income properties.First of all, you ... more...

5 Simple Steps to Sell Your House Fast!
The decision to sell your house wasn't made on the spur of the moment. It may have been spurred by the desire to live in a nicer home, the need to move for a new job or the necessity to get a handle on out-of-control costs. But whatever the reason for the decision, you've got a lot of work ahead of ... more...

What to Really Expect for Closing Costs
Closing on a property is a very challenging time for a would-be homeowner. Being informed, either through your mortgage broker, your real estate agent, or through self knowledge is the best thing you can be when going through this procedure.A good real estate agent can help you tremendously. They ... more...

Writing Query Letters that Count -- Close the Deal with Your First Letter!
Your query letter can be a deal maker or a deal breaker. So, if your query letter just lies there, you've killed the sale immediately or your story or novel immediately. If you want that story -- your baby -- to be read, reach out of that query letter, grab the publisher, editor or literary agent ... more...

Lock Your Interest Rate
When rates start going up, you should look at locking in your rate.One of the worst surprises can be getting to closing and finding that your interest rate has increased. In fact, many potential homeowners don't have any room for increases in interest rates."Anytime rates go up, rate locks are an ... more...

Real Estate Investing with No Cash and No Credit
Lots of folks think it cant be done.How in the world can you buy a piece of real estate property without cash or credit? How is it possible to buy a $50,000 house or a $1 million dollar house if I dont have an abundance of cash or an excellent credit rating?Nothing stops a would-be investor cold ... more...

Are You A Victim Of A Predatory Mortgage Foreclosure?
Help is available to borrowers who have claims against their lenders for violating the Truth in Lending Act and other laws regulating credit transactions. Such violations may be a defense to a mortgage foreclosure. If there is a violation, you may be able to void the mortgage and apply 100% of your ... more...

Return to previous page