Buying a Home in Salt Lake City, UT

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Conflicts of Interest When Working with a Traditional Real Estate Brokerage

Here is a nice clip from CNN that covers the many conflicts of interest that can exist if you don't make sure the agent you hire will work only for you.

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Comment balloon 3 commentsBenjamin Clark • November 18 2009 06:59PM
Conflicts of Interest When Working with a Traditional Real Estate…
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Here is a nice clip from CNN that covers the many conflicts of interest that can exist if you don't make sure the agent you hire will work only for you. more
The New Good Faith Estimate (GFE) Form, Page 2 Section B
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Section B of Page 2 of the Good Faith Estimate (GFE) has 9 parts. Let's go through them. Item 3 will be a list of required services that the lender will select These are services necessary in order to complete your transaction. These… more
The New Good Faith Estimate (GFE) Form, Page 2 Section A
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Page 2 of the new Good Faith Estimate (GFE) will look significantly different from Good Faith Estimates of the past. Section A has 2 parts. Item 1 is the origination charge or what the lender is charging you for the loan. This number… more
The New Good Faith Estimate (GFE) Form, Page 1 (Part 2)
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The bottom half of page 1 of the Good Faith Estimate (GFE) form begins with a Summary of your Loan Section. This is where a lot of disclosures regarding the loan will be made. What is the initial loan amount? What is the initial… more
The New Good Faith Estimate (GFE) Form, Page 1 (Part 1)
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Let's examine the top half of Page 1 of the new Good Faith Estimate (GFE) form. One of the first changes you will notice about the Good Faith Estimate form is that it now asks for the Loan Originator's email address. It also asks for a… more
Shopping for a Loan - Understanding the New Good Faith Estimate (GFE)…
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Due to RESPA Reform, as of January 1, 2010, lenders are required to use a new, uniform, Good Faith Estimate (GFE) form This new form creates additional disclosure and transparency about the loan product being offered as well as the costs to… more
Mortgage Shopping Will Soon be a Lot Less Complicated
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Mortgage shopping will soon be a lot less complicated. RESPA Reform takes effect on January 1, 2010 While still not perfect, the changes do simplify the ability to compare loan offerings between lenders. The goal was to simplify and improve… more