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Mortgage Professor about inspection fee: 
Legal Thievery at the Closing Table
July 8, 2002 "I paid $2240 in lender fees when my loan closed, compared to the $880 I was quoted at the time my rate was locked. It was a total surprise that hit me at the closing table. With my house purchase at stake, there was nothing I could do. This is outrageous?why doesn?t ... more...

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...

inspection fee related definitions

Origination Fee
Origination Fee Charge by a lender or broker connected with originating a loan; charged to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the value of the loan. Loan origination fee usually ... more...

Warehouse Fee
Warehouse Fee Some mortgage companies borrow money on a short term basis in order to originate loans which are to be sold later in the secondary mortgage market. When the prime rate of interest is higher on short term loans than on mortgage loans, the mortgage firm has an ... more...

More about inspection fee

Get Free inspection fee 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...

Mortgage Refinancing Fees - How Much You Really Have to Pay
Refinancing your mortgage can be a great decision for some homeowners. In fact, this is a great benefit of owning your own home. If your terms as the initial purchase of the property were not the best you could qualify for, and your financial profile has changed, then refinancing could cut down ... 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...

What the Bank Won't Tell You About Your Home Mortgage Quote
Shopping for a house is probably the most significant financial decision that you will make in your life. When you shop for your home by first attaining a home mortgage quote, your decision becomes even more momentousyou need to perform a balancing act between the house of your dreams and factors ... more...

Mortgage Loan Closing Costs
Closing costs for home refinancing or purchases are often misunderstood and frustrating for the buyer and seller (who is probably very soon going to be a buyer). Closing costs are assessed once a purchase agreement is finalized with the seller and/or their agent. The various costs will vary by ... more...

How I Became a Real Estate Investor
Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. However, beyond these two similarities, the two deals were very different from each other. Let me discuss in more detail the similarities and differences of the two deals.My business ... more...

Bad Credit? No Credit? No Money? No Problem!
Have you ever walked into a bank or mortgage brokers office to apply for a mortgage loan and was told, Your credit doesnt meet our guidelines? Or even better, you dont have enough money for the down payment. How about, You dont have a long enough credit history for us to tell if you are a viable ... more...

How to Buy to Let
Find out everything you need to know about buy to let. Learn what to buy, where to buy and what not to buy. All this information about buy to let wont cost you a penny.buying If the area is full of buy to let property investors the supply of property to let might outweigh tenant demand and create ... more...

The Secrets To Successfully Starting Your Own Business
The Dream is, and always will be, to come up with an idea, start a business and become rich from your own efforts. Based upon this motivation, thousands of businesses fail each year, due primarily to not being familiar with the basics involved in running a business.This report will enlighten you, ... more...

The Secrets of Starting Business Successfully
Starting Business Secrets will help you to start your own business successfully. The American Dream is, and always will be, to come up with an idea, start a business and become rich from your own efforts. Based upon this motivation, thousands of businesses fail each year, due primarily to not ... more...

Are You at Risk for Identity Theft? Learn How to Protect Yourself
Identity Theft is Americas fastest growing type of robbery. There have been an estimated 9.9 million victims on America and over 40% of all consumer complaints in the U.S. involve identity theft. About half of the victims do not know how the thief obtained their personal information. The Boston ... more...

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