What Is A Good Faith Estimate And How Does It Help Me?

by eespin | Financing:

You’ll see some pictures in this video to help you remember later, but a good faith estimate lists all fees paid before closing all closing costs, and any escrow costs you will encounter when purchasing a home. The lender must supply it within three days of your...

What Is The Best Way To Compare Loan Terms Between Lenders?

by eespin | Financing:

Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company’s name and basic information the type of mortgage minimum down payment required interest rate and points closing...

What Is A Counter-Offer?

by eespin | Sales Process:

http://fwd4.wistia.com/medias/jiepdabajw?embedType=iframe&videoFoam=true&videoWidth=640The video puts this in more visual terms, but basically, a seller can respond to a buyer’s offer with changes – a “counter” – that improves the terms.You need to...

How Do I Evaluate An Offer?

by eespin | Sales Process:

Well, as this story shows, there’s more to an offer than the price tag. Factors you should consider: Is this offer at, near or above my asking price? Are there clauses and additions in their offer that change the terms and final price substantially? How long since I...

What Details Can I Ask Brokers In Advance?

by eespin | Going To Market:

This video tells you what any real estate professional would tell you. Ask them: How long do homes in my neighborhood currently stay on the market? How would you price my home? What data did you use to arrive at that price? How would you market my home? What...