As a Realtor I've been confounded and confused by the numerous and odd charges listed on my clients Closing Statements... if I'm confused, imagine how my clients felt. I even had one client who got "ripped off" by a "friend" when they bought, and due to the massive pre-payment penalty they also got ripped off when they sold. This Broker was so bad his negligence probably cost my clients a home that they were the highest bidder on, then stuck them with a terrible loan. I'm convinced this "friend" was a rookie who didn't know any better... but imagine if a "friend" could cost you that much, how much an unscruplous lender could get away with?
After reading Bob Bruss' review of Carolyn Warren's book
For $12.21 on Amazon (cheaper if you buy used)... this is a MUST READ whether you're Buying or Selling today or 10 years from now.
Order it by clicking here: Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Fi
As Bob Bruss states... "this (book) is vastly different because it reveals the insider secrets even many mortgage professionals don't know." This will be required reading for everyone of my clients from now on... I'll be ordering in bulk and handing out free copies whenever they let me know they are "getting ready" or "getting serious". Finally... my clients and I can rest easy... saving hundreds... and YES... THOUSANDS of dollars if not tens of thousands of dollars in rip offs.
Order it now... or please do contact me if you're thinking of Buying or Selling... and I'll hand deliver a copy when we meet.