closing costs | firsttuesday Journal

Form-of-the-Week: Good Faith Estimates of Seller’s Net Sales Proceeds and Buyer’s Acquisition Costs — Forms 310 and 311

by ft Editorial Staff | Dec 13, 2021 | Forms, Real Estate | 0

RPI Forms 310 and 311 inform buyers and sellers on the amounts they either have available to fund the purchase of a property or will receive on a sale of their property.

High home selling costs hold back sellers

by Carrie B. Reyes | Apr 30, 2018 | Home Sales | 0

Here in California, hidden selling costs are a big burden on the seller.

MyHome mortgage assistance for first-time homebuyers

by Amy Thomas | Nov 17, 2015 | Finance, Loan Products, Real Estate | 0

CalHFA introduces a new mortgage assistance program for first-time homebuyers. What’s the catch?

Even with new forms, borrowers must protect themselves

by Jeffery Marino | Jan 11, 2014 | Real Estate | 1

Even with the CFPB’s vastly improved mortgage disclosures, double apping is still the way for borrowers to get the best deal.

Turn renters into owners by demonstrating homeownership’s savings

by Carrie B. Reyes | Jul 27, 2012 | Real Estate | 0

Use an ownership expenditure analysis to show prospective homebuyers how ownership will create savings over renting, and create more deals.

The good faith estimate is designed for shopping around

by ft Editorial Staff | Sep 7, 2010 | Real Estate | 0

Within three days after a homebuyer’s loan application is first submitted to a mortgage lender, the lender must prepare and hand the homebuyer an accurate Good Faith Estimate (GFE) of closing costs. The estimates are required by...