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All Posts Tagged With: "fee"

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How does an ARM conversion program work?

Many ARMs come with conversion programs. For a fee, say $250 to $500, you can convert to a fixed-rate. The conversion rate won’t be the best in the world, it’s typically about 5/8ths of a point higher than a given index, but it may be better than the fixed rate at the time you applied [...]

31Aug2008 | | 0 comments | Continued
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How Much For Real Estate Legal Fees?

Attorney fees are negotiable. There is no usual, standard, or normal fee. Attorneys are simply vendors selling a service so feel free to bargain — and also consider legal clinics. Technorati Tags: attorney, fee, lawyer, legal

28Aug2008 | | 0 comments | Continued
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What are the up-front fees for VA financing?

According to the VA, the following closing costs are normally associated with a VA loan. Basic Fees Origination Fee* Discount Points Appraisal Fee Credit Report Fee Prepaid Taxes and Hazard Insurance Title Examination Fee Title Insurance Fee Flood Zone Determination Environmental Endorsements Compliance Inspections (usually on New Construction Loans) Recording Fees VA Funding Fee *The [...]

22Aug2008 | | 0 comments | Continued
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Will Real Estate Brokerage Fees Fall To Zero?

Since the Internet first became commercially viable in the 1990s it’s been driven largely by a single principle, the idea of pushing prices to zero. If you can make money by not charging then you’ve likely got a winner. The reigning champ at this time is obviously Google — it makes a ton of money [...]

20Aug2008 | | 0 comments | Continued
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Is It Time To End Real Estate Referral Fees?

It’s August in Washington, a time of year when the President, Congress, and much of the local bureaucracy is out of town. A quiet time, a time to ponder new and different ideas…. Imagine if the practice of real estate brokerage were suddenly modified. No longer would referral fees be allowed. From now on, the [...]

16Aug2008 | | 0 comments | Continued