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How to Sell to Realtors and Lenders
This is part 5 of a 7 part series entitled 7 Website Best Practices for Title Agents. So far I’ve shown you a few ways to take your website and make it more useful, easier for consumers, Realtors and lenders to use, and even how to easily grow your pool of potential...
Free Gifts Title Agents Can Use
This is part 4 of a 7 part series entitled 7 Website Best Practices for Title Agents. I hope you are enjoying the tips like how to make your website more useful than your competitors. Anyway, on to today’s tip. You should always provide a free digital giveaway for...
Understanding Your Loan: Cash And Transaction Summaries
http://fwd4.wistia.com/medias/8qhhzg142m?embedType=iframe&videoFoam=true&videoWidth=640 Page 3 of your Closing Disclosure will compare cash requirements from your Loan Estimate to your actual final charges. If “Did this change?” is...
Understanding Your Loan: Closing Cost Details
http://fwd4.wistia.com/medias/v590jot0qn?embedType=iframe&videoFoam=true&videoWidth=640 Page 2 of your Closing Disclosure details specific closing costs. Section A includes: Origination charges collected by the lender Origination fees...
Your Rights And Rules For Closing Disclosures
http://fwd4.wistia.com/medias/ceqilj9sss?embedType=iframe&videoFoam=true&videoWidth=640The Closing Disclosure documents the actual terms of your loan transaction. You should receive it no later than 3 business days before consummation. It must be in writing -...
Understanding Loan Estimate Comparisons
http://fwd4.wistia.com/medias/f2ad3wd9tn?embedType=iframe&videoFoam=true&videoWidth=640 Page 3 of your Loan Estimate includes measures to help you compare loans. “In X Years” shows the total amount you will have paid in that time, and...
Calculating Your Cash To Close
http://fwd4.wistia.com/medias/ui81likbta?embedType=iframe&videoFoam=true&videoWidth=640Page 2 of the Loan Estimate provides the current ESTIMATED cash to close. Some costs will stay the same between estimate and closing. Some will change.A - Origination...
Understanding Your Loan Estimate: Other Costs
http://fwd4.wistia.com/medias/93bhjy2bv9?embedType=iframe&videoFoam=true&videoWidth=640Real estate transactions require taxes, certain pre-payments, and escrow funding.Recording fees are charged by government agencies for keeping legal ownership records, while...
Understanding Your Loan Estimate: Services You CAN Shop For
http://fwd4.wistia.com/medias/7rpbsvdh5v?embedType=iframe&videoFoam=true&videoWidth=640These costs are paid to outside parties and YOU are free to shop and compare providers for a variety of services. These might include pest inspection, or a survey to verify...
Understanding Your Loan Estimate: Services You Cannot Shop For
http://fwd4.wistia.com/medias/syibzqkwhk?embedType=iframe&videoFoam=true&videoWidth=640 These costs are paid to outside parties, not the lender, but you don’t get to choose them. They may include: appraisal, which puts a value on your property on the lender’s...