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Closing or Settlement >The Good Faith Estimate
When you buy a home, you will pay "closing costs" in addition to the down payment. These costs include the "points" you pay on your mortgage loan, title and hazard insurance, the title search, legal fees, and other charges imposed by the lender. These charges vary by state and county, but they usually represent a considerable amount of money.
Your real estate agent can tell you about the closing costs in your area. Ask your agent for some general figures when you begin your search for a new home, and use this information as a guideline. When you apply for your loan, the lender is required to provide you with a "good faith" estimate of the closing costs. The lender's good faith estimate is usually close to the actual amount, since the sales contract will have the price and terms of your new home spelled out. As the closing approaches, your real estate agent will give you a final figure for the check that you will bring to the closing table.
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| Q |
What two streets near the Los Angeles Beverly Center were named for a famous husband and wife comedy team?
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| A |
George Burns Drive and Gracie Allen Way |
 See More Real Estate Trivia > |
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Ricklie Stone and Ron Waxman
Coldwell Banker Bain
1200 Westlake Ave. N. #406
Seattle, WA 98109
"The Results You Need"
Ricklie: 206.465.9179
Ron: 206.353.7107
Fax: 206.284.6317
RicklieandRon@SeattleResults.com
Ricklie and Ron serve clients in all of Seattle's urban neighborhoods including Downtown, Belltown, South Lake Union, Queen Anne, Magnolia, Ballard, Sunset Hill, Fremont, Wallingford, Green Lake, Maple Leaf, Ravenna, Roosevelt, Wedgwood, Laurelhurst, Windermere, Jackson Park, Pinehurst, Olympic Hills, Lake Forest Park, Capitol Hill, Denny Blaine, Montlake, Madison Valley, Madison Park, Central District, Leschi, Madrona, Mt. Baker, Columbia City and West Seattle. Additionally, we work the eastside from Bellevue to North Bend and north of Seattle from Shoreline to Edmonds. We are experts in transacting single home homes, townhomes, condominiums, co-ops and investment properties. We're passionate about real estate and that translates into results for our clients. For THE RESULTS YOU NEED, contact Ricklie and Ron, SeattleResults.com.     
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