|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 828-964-3499.
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
Bob de Camara is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
West Jefferson, Jefferson, Blowing Rock, Banner Elk and Boone Information:
About Town-1 - Moving to Town-1, North Carolina? Get info here... About Town-2 - Moving to Town-2, North Carolina? Get info here... About Town-3 - Moving to Town-3, North Carolina? Get info here... School Reports - Reports for West Jefferson, Jefferson, Blowing Rock, Banner Elk and Boone schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to West Jefferson, Jefferson, Blowing Rock, Banner Elk and Boone, in Watauga, Avery, Ashe County NC. Go to Main Sitemap - Main sitemap sections include Find West Jefferson, Jefferson, Blowing Rock, Banner Elk and Boone Homes, For Home Buyers, For Home Sellers, West Jefferson, Jefferson, Blowing Rock, Banner Elk and Boone Information, Real Estate Resources, and About Bob de Camara.
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
First Time Buyers >Good Faith Estimates
Several years ago the U.S. Congress tried to protect consumers from a few unscrupulous lenders by requiring all lenders to calculate and disclose the annual percentage rate (APR) you pay on your mortgage loan. But most homebuyers will learn more by directing their attention to the Good Faith Estimate of Settlement Costs (GFE). Although Congress meant well, in practice the APR is not helpful and may be confusing.
If you are looking for a good way to understand your costs of borrowing and/or to compare one lender's costs to another, the GFE is your best bet. Get your lender(s) to provide a written GFE before you commit your mortgage business. When reviewing a GFE, keep in mind that the lender actually controls only a certain portion of the disclosed costs. Other parties typically control costs of appraisal, settlement, title insurance, recording fees and taxes, survey, and the "prepaid" expenses of homeowner's insurance, mortgage insurance, real estate taxes, etc. Review these origination fees, discount points, etc. and you will have the ability to understand the full costs of your proposed mortgage loan.
|
|
| Q |
What house is thought to be the first one designed by Frank Lloyd Wright?
|
| A |
Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT 
