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Geri Lawson





All agents are NOT alike! Find out why I am a top real estate expert. Call me directly at: Cell: 760-801-3572

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Real Estate Tips
First Time Buyers >Good Faith Estimates

Several years ago the U.S. Congress tried to protect consumers from a few unscrupulous lenders by requiring all lenders to calculate and disclose the annual percentage rate (APR) you pay on your mortgage loan. But most homebuyers will learn more by directing their attention to the Good Faith Estimate of Settlement Costs (GFE). Although Congress meant well, in practice the APR is not helpful and may be confusing.

If you are looking for a good way to understand your costs of borrowing and/or to compare one lender's costs to another, the GFE is your best bet. Get your lender(s) to provide a written GFE before you commit your mortgage business. When reviewing a GFE, keep in mind that the lender actually controls only a certain portion of the disclosed costs. Other parties typically control costs of appraisal, settlement, title insurance, recording fees and taxes, survey, and the "prepaid" expenses of homeowner's insurance, mortgage insurance, real estate taxes, etc. Review these origination fees, discount points, etc. and you will have the ability to understand the full costs of your proposed mortgage loan.

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Real Estate Trivia
Q 
What is the role of the U.S. Housing Authority?

A 
Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.
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Geri Lawson, REALTOR®, real estate agent and broker for Vista, Oceanside and Carlsbad, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Geri Lawson, Realtor®
Geri Lawson

DRE# 01416969
PO Box 1141
Vista, CA 92085-1141
Cell: 760-801-3572
Fax: 760-598-1713
Email: GeriLawson@NUMBER1EXPERT.COM

My Guarantees To YOU!

I Guarantee You A Quick Response By Email When You Use My Web Site! You want a fast response by email. You don't want to wait days to hear from me. I understand this. I try to answer every email from this site personally and ASAP. I pledge to you that I will answer your emails quickly. You will be pleased with how rapid my response is.

I Guarantee Your Privacy Will Be Respected When Using My Web Site! I will not distribute your email address to others, unless you request this. I will only contact you by email. But, if you leave me your phone number I may call you and ask you if you have some questions. What I will do is respond to your emails quickly, answering your questions and offering information. If you sign up to receive my latest listings, I will periodically email you my very newest homes, as soon as they come on the market. If you sign up to receive my latest news, I will also periodically email you with the latest local and national real estate news. This is all offered to you for free, and without any obligation.

FREE and with NO Obligation! Relax and use my site with confidence. Ask me questions. Sign up for my latest listings and latest news. All of our correspondence in no way obligates you. And it is totally free. Why would I offer this for FREE? It is part of my job as a top Realtor. I answer questions and offer help to homebuyers and sellers every day of the week. And I'm happy to do it! Whether it is my newsletter, the latest homes to come on the market, or any other information or answers that I prov

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