The national average total closing costs for a purchase mortgage transaction were $2,403. This amount consists of a national average of 0.72% of the home sales price.
This one’s all about keeping creativity alive, even and especially when the market is uncertain. LodeStar’s Director of Revenue, Alayna Gardner, chats with Marketing Content Manager Tim Austen to discuss creativity, and how to invest in it—no matter what’s happening in the industry.
Horace confronts the uncertainty of the present market…
An “attorney state,” or a state that requires that closings be supervised by a licensed attorney, transactions taking place in Massachusetts subsequently will require attorney fees. Land surveys, referred to as “plot plans,” are required for purchase transactions, which means an additional fee to each transaction.
The state of Colorado is fairly straight-forward when it comes to closing costs and fees. The state is noteworthy in that title insurance rates are grouped by zone, rather than county, which could result in multiple-counties within a specific zone.
If it seems like the headlines are being dominated these days by talk of interest rates, layoffs and uncertainty. Consider this my effort to shine some light upon the positives that are also emerging every day in the mortgage and real estate industry.
Like all other “attorney states,” an attorney’s supervision is required for each real estate transaction involving property situated in Delaware. This, of course, means each transaction will have its own attorney fee.
Per the lighter tone of our Summer Session, Jim and Alayna discuss memes, meme marketing, and new formats.
Ever wonder how a mortgage industry expert navigates the home buying experience? LodeStar’s CEO Jim Paolino just bought his first home and is eager to share his thoughts on the experience.
When a tech company gets bought out by a huge, publicly traded company, that means service will improve, right? …Right?