There’s a lot going on when you’re buying a home with a loan, and closing costs can sometimes hit you unexpectedly. In addition to your down payment, you can count on anywhere from one- to three percent in various fees when it comes time to close your transaction.
If you’re paying points, the closing costs will be on the higher end of that range.
Here’s a rundown on the major types of closing costs you’ll see when you buy your home:… Continue Reading
Contract timelines are always tight in the current San Francisco market. That means that buyers are typically removing appraisal and loan approval contingencies within days of having offers accepted. If you’re not prepared to jump on the fast track to completing your purchase, drama can ensue.
Here are five ways to avoid major closing delays, courtesy of my colleagues at Guarantee Mortgage who presented at our Zephyr sales meeting this week.… Continue Reading