Kingman Real Estate | Homes for Sale in Kingman, AZ

Inside Real Estate
Let Me Help You!
Follow My Blog
David Cooley
Broker / Owner

Direct: 928-718-7629

Office: 928-718-7629

Company Info

RE/MAX Preferred Professionals
2916 Stockton Hill Road
Kingman, AZ

Archive for May 2010

Negotiate Mortgage Closing Costs

Monday, May 10th, 2010

You can negotiate some of the fees your lender charges, plus shop around for the best deals on title insurance and settlement fees.


Shop around before choosing a mortgage lender, but don’t stop there. When you receive your good-faith estimate of closing costs or GFE, the negotiation hasn’t ended.

The lender or mortgage broker is required to give you a GFE within three working days of accepting your loan application. The GFE comes in the form of an itemized list of estimated closing costs for everything from the lender’s fees to the appraisal charge to the title insurance premium to a partial month’s interest payment.

The lender or broker charges some fees, and third parties charge others. The first step is to find out which are loan-origination fees and which are third-party fees. Don’t guess. Ask the lender or broker.

The big money question
“Say, ‘Please explain to me what those fees are,’” says Jessica Cecere, director of the Consumer Credit Counseling Service in West Palm Beach, Fla.

Simple advice, but a lot of loan applicants don’t follow it.

On the GFE, fees are categorized by numerical codes ranging from the 800s to the 1300s. Most of the negotiable lender-charged fees are in the 800s: application, origination, commitment, loan discount, broker, tax-related service and underwriting fees.

Home Sales Rise 5.3%

Monday, May 10th, 2010

The number of people who signed the dotted line in March also is up 21.2% from year-ago levels.

Even though homebuyers had to sign a contract for a new home by last Friday to qualify for the $8,000 tax credit, the results of the incentive will be trickling in for months to come as we wait for deals to close and price indexes to come through.

So far, it looks like sales will continue their spring surge, with the index showing an increase of 5.3% from February to March, as well as a 21.2% increase over March 2009.

Typically, it takes about a month or two for a sale to close after a contract for a home is signed. The tax credit requires deals to close by June 30 for homebuyers to qualify.

The monthly increase was led by the South, which saw its number of pending home sales rise 12.7% from February. Sales also rose 1.9% in the West and 1.2% in the Midwest, though they declined 3.3% in the Northeast.

However, the year-over-year increase in pending home sales was felt across the nation, with sales up 27.2% in the Northeast, 18.5% in the Midwest, 28.3% in the South and 8.8% in the West, compared with March 2009.

~ Original Posted by Mai Ling at MSN Real Estate

Just Reduced! $84,900!

Tuesday, May 4th, 2010

Beautiful 2 Bedroom Home in Great Area!

1007 Belcourt Circle

Lovely home on a cul-de-sac in a lovely area. Home is well cared for, owners just installed a brand new heating and cooling unit in Nov. 2009. Fabulous interior features include: vaulted ceilings in living and kitchen, huge pantry, lots of storage, spacious living, huge entry closet, 10 linen storage closets, huge bedroom closets, dual sinks, and large shower in master bath. Exterior features include: garage storage to the ceiling, covered patio, and large backyard. All appliances to stay!

Call For Your Appointment Today! (928) 718-7629

- Copyright © 2010 Inside Real Estate, LLC

Inside Real Estate does not endorse the agents on this site, and does not guarantee the content submitted by the site's members. Blog and page entries, content, and other information contributed by agents that are members of the site are accountable to the particular agent.