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Mortgage Professor about survey: | |||||||||||||||||||||||
Mortgage Fraud and Belief in a Good Fairy
October 4, 2004 "I have heard that if a lender makes a mistake in servicing your loan, he must forgive the entire remaining balance. Is that true?" Not a chance! If it were true there wouldn?t be any lenders left. This is an illustration of what I call the "good fairy ... more... Pay Points on an Adjustable Rate Mortgage? November 22, 1999 " I understand that if I intend to stay in my house a long time, it may pay me to pay extra points to reduce the interest rate, but does this apply to ARMs?? Does the interest rate reduction on an ARM only apply to the starting rate, or does it carry ... more... |
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survey related definitions |
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Survey
Survey A measurement of land, diagram, prepared by a registered land surveyor, showing the location of the land, legal boundaries with reference to know points, its dimensions, and the location and dimensions of any buildings. ... more... Closing Closing The meeting between the buyer, seller and lender or their agents where the property and funds legally change hands. Also called settlement. Closing costs usually include an origination fee, ... more... |
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