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Closing Cost Scams (Real Estate)

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How strange that the article mentions:

Home buyers now pay eight times as much in closing costs as they did 40 years ago.

Since all this economic talk lately have been comparing today with ABOUT 40 years ago! :o

K-1 timeline

05/03/06: NOA1

06/29/06: IMBRA RFE Received

07/28/06: NOA2 received in the mail!

10/06/06: Interview

02/12/07: Olga arrived

02/19/07: Marc and Olga marry

02/20/07: DISNEYLAND!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

AOS Timeline

03/29/07: NOA1

04/02/07: Notice of biometrics appointment

04/14/07: Biometrics appointment

07/10/07: AOS Interview - Passed.

Done with USCIS until 2009!

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Filed: Other Timeline

Some fees can't be avoided.

Appraisal fee, credit report fee, title exam, title insurance, flood certification fee.

But if you are paying more than 1 to 1.5 in discount on a competitive interest rate and modest doc prep fee, you are getting screwed.

If you see 'brokerage fee' on the Good Faith Estimate - well that's when I head out the door to another lender.

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How strange that the article mentions:
Home buyers now pay eight times as much in closing costs as they did 40 years ago.

Since all this economic talk lately have been comparing today with ABOUT 40 years ago! :o

I bet they pay 8 times the property tax today too.

"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



barack-cowboy-hat.jpg
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Filed: Citizen (pnd) Country: Canada
Timeline

Title Insurance is entirely optional in most states.

IR1

April 14, 2004 I-130 NOA1

April 25, 2005 IR1 Received

April 26, 2005 POE Dorval Airport

May 13, 2005 Welcome to America Letters Received

May 21, 2005 PR Card in Mail

May 26, 2005 Applied for SSN at local office

June 06, 2005 SSN Received

June 11, 2005 Driver Licence Issued!

June 20, 2005 Deb gets a Check Card! Just like Donald Trump's!

Citizenship

Jan 30, 2008 N400 Mailed off to the VSC!

Feb 2, 2008 N400 Received at VSC

Feb 6, 2008 Check Cashed!

Feb 13, 2008 NOA1 Received

Feb 15, 2008 Fingerprint letter received. (Feb 26th scheduled)

Feb 18, 2008 Mailed out the old Please Reschedule us for Biometics <sigh>...

Feb 27, 2008 Received the new scheduled biometrics.

Mar 15, 2008 Biometrics Rescheduled.

Sep 18, 2008 Interview Letter Recieved.

Nov 11, 2008 Interview Passed :-).

Nov 14, 2008 Oath Cerimony.

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Filed: Timeline
How strange that the article mentions:
Home buyers now pay eight times as much in closing costs as they did 40 years ago.
Since all this economic talk lately have been comparing today with ABOUT 40 years ago! :o
I bet they pay 8 times the property tax today too.

You ain't kidding. :no:

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