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Mortgage Professor about zero closing costs: 
The Dual Loan Scam
December 4, 2000, Updated September 31, 2002 "We just built a house and arranged a 30-year fixed rate mortgage (FRM) for $350,000 at 7.875% (no points) with a bank. A mortgage broker has proposed that I scrap this deal and go with him. He will provide the same loan and ... more...

Buying Now Versus Buying Later
August 2, 2000 "Please settle an argument.  I believe that we should buy our house now, even though we have no money for a down payment, because our credit is good and we can get a 100% loan.  House prices have been rising in our area by about 4% a year.  My ... more...

zero closing costs related definitions

Settlement Costs, Closing Costs
Settlement 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 ... 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 zero closing costs

Get Free zero closing costs 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...

Making it affordable: Nine tips for first time home buyers
It seems that everyone loves a good real estate story. The media is filled with reports about soaring property values and home owners of modest means becoming instant millionaires when they sell. As a result, many first time home buyers, afraid of missing out, will rush into buying decisions and ... more...

Home Refinance Closing Costs - Things You Should Know
Home refinancing closing costs should be consider before signing a contract. You can actually lose money on closing costs if you arent careful. Shopping lenders can help you find lower fees, but you may find other financing options have lower costs.Length Of Time To Recoup CostsWhile the general ... more...

The Residential Real Estate Buying Process in Austin Texas
Decide to BuyThe first step in buying a house is to try and understand what you hope to achieve. When you begin to think about buying a new house, there are many questions you should ask yourself such as: Why do I want to move? How soon do I want to move? How long do I plan on living in the home? ... more...

Home Mortgage and Financing Terms
Every business has it's jargon and residential real estate is no exception. Mark Nash author of 1001 Tips for Buying and Selling a Home shares commonly used mortgage and financing terms with home buyers and sellers.-Adjustable rate mortgage (ARM): A type of mortgage loan whose interest rate is tied ... more...

Mortgage Refinancing Closing Costs - Shop Smartly For the Best Deal
Closing costs should be carefully considered before singing any loan contact. If you overlook these expenses you could overpay at closing. By shopping from a variety of mortgage lenders and brokers you can find lenders with competitive rates, terms, and closing costs.Many financial advisors state ... more...

Hybrid Cars; Visiting Japanese Auto Makers North American Head Quarters
Japanese Automakers with North American Head Quarters are moving the ball forward and pressing on into the future with new technologies for safety, fuel economy and net-centric systems. Before retiring from the auto aftermarket franchise industry, I took a tour around the nation to see what I had ... more...

How To Save Money On Your Mortgage
Obtaining a home loan is arguably the most expensive transaction youll experience in your lifetime. Therefore, getting the best home at the greatest value is an endeavor worth pursuing. Whether youre trying to squeeze in to a higher priced home or just trying to shave a couple bucks off of the ... more...

Tucson Mortgage Refinance How to Mortgage Comparison Shop
Before you sign a mortgage contract you need to read the entire document and pay attention to several key elements. Here is what you need to look for.Has the lender included a prepayment penalty in the contract? This is one of the first things you should look for. Lenders charge prepayment ... more...

No Down Payment Poor Credit Mortgage Loans - No Money Down Loan Information
Finding a no money down mortgage loan is actually easier for someone with poor credit. Subprime lenders are more willing sign off on these deals than conventional lenders. But before you jump into a mortgage contract, make sure you understand the terms and are getting a good deal.Benefits Of ... more...

How To Tell If An Advertisement Costs Too Much
People say it all the time: "This advertising costs too much!" They practically go into cardiac arrest when they see how much the advertising for certain media in certain markets is going to cost them. It is pretty easy to get sticker shock when you see that a sixty-second radio commercial on a ... more...

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