Letters of Reference
"When my wife and I decided to buy a house in Fayetteville, it was the first time we had ever taken that step. We were nervous because we had absolutely no experience, and it was a large step to take.Jennifer started helping me before we arrived in the country. While we were still in England, Jennifer called with my wife to find out what our needs were. She took that information and sent us information on the schools and maps of the different areas. When we arrived in Fayetteville, we didn't know a single person.She spent many days showing us the different neighborhoods and the shopping centers. We did all this with our three kids under foot. She was gentle and provided them with many laughs during the long hot days of house hunting.
While we were still deciding on which house to buy, the interest rates had climbed over one-half percent.Arrangements were made to allow us to still get a loan at the lower rate, saving us a substantial amount of money and even more frustration. As the final touches were put on our house, we made some last minute changes. These items were important to us, but not in the original contract. Maybe more important, we knew that even after the sale was complete, if we needed information or had a problem with our house that she would be there to help us fix it. This is important and still provides me with peace of mind today."
--Robert Lepper
Closing or Settlement >Estimated Closing Costs
There is a federal law that requires mortgage lenders to give prospective buyers an itemized, "good-faith" estimate of their closing costs. Sometimes buyers arrive at the closing with this document in hand and proceed to question each item on the final closing statement that does not match the estimate exactly.
These "good-faith" estimates are just that--estimates. The lender's charges will be fairly accurate, but the charges for attorneys, termite inspections, title insurance, and other items that appear on the closing sheet may vary from the estimate. Some pro-rated items, such as taxes or homeowner's association fees, will also be different if you don't close on the date that was used to calculate the estimate. The purpose of the disclosure law is to give you a ball park figure of your closing costs. But the estimate you are given won't be to the penny--probably not even to the dollar!
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| Q |
Who is the world's largest landowner?
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| A |
The United States government, with holdings of 728.8 million acres of land.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
