What Happens at Settlement?
July 31, 2007 by Katie Wethman · 2 Comments
Honestly, very little. Mainly you sign your life away to the bank that gave you the purchase money. But having a good settlement attorney can certainly make your life–and your home purchase–a lot easier. Here’s a good article from the Post. Buyers have the right to choose the transaction’s settlement attorney, who represents neither the [...]
"Junk Fees"
June 26, 2007 by Katie Wethman · 2 Comments
The Washington Post had a good, though short, Q&A on “Junk Fees” from mortgage lenders. Many people know BoA has a big promotion running right now for their “no fee mortgage plus” which advertises $0 closing fees and $0 application fees, with no PMI. (Update July 2007: See the article about whether BoA’s program really [...]
