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Frederick Said:

please answer! (if you are young and pay car insurance.)?

We Answered:

For your age that's actually a good rate. As far as the steer clear program, it very well could have been included in the beginning cause the agent may have applied it even before you knew about it completed the program. If you look at the paperwork you received from when you first started the policy it will probably list the discounts that were applied.

Julian Said:

Are these good terms for a Mortgage?

We Answered:

The GFE (Good Faith Estimate) is a Good Faith only, but the fees look good about right. Your 14 months of homeowners insurance is for the 1 year paid up front (when you pay for 1 year, and bring the insurance binder to the closing table, the lender will be in first position under mortgage holder). The other 2 months will start up your escrows.

I am surprised you dont have PMI for anything over 80 percent. With conforming lenders and FHA (that is still the norm).

Your title charges are in line for the amount of the loan - Looks like you are even getting a break on the Title Insurance. As far as the rate. www.bankrate.com if you are curious about it. Especially being a 2 unit. I would say you you got a deal.

Olga Said:

Can you have your own car insurance if the car is registered under someone else?

We Answered:

You need to get a bill of sale from your in-laws. You also need to have them file for a lost title or get a title 42. These are all things you can do at your local tag agency.

Get the bill of sale and you can insure the car as your own.

Suzanne Said:

Refinancing my house, but what do these terms mean? Im working with a lender and question his ethics.?

We Answered:

If you question your lender's ethics... GET A NEW LENDER! Some of those fees are definitely legit, it costs a lot to close on a loan when buying a new home. If your loan officer cannot justify and give you a detailed explanation of what each item means, then I highly suggest you find someone else if it's not too late. Some lenders charge different amounts for certain things, and a majority of what you have listed looks legit. Some lenders will offer incentives like free appraisals and such, but you are getting a pretty good rate. If your lender cannot be up front with you about exactly what the costs mean, definitely get out now!

Eugene Said:

My insurance company sold my car before they settled with me on its value?

We Answered:

Well guess what? You have the title and they don't. So the "sale" isn't even that.
Nor is it legal. Don't cash any check from them and hire a tow truck to bring your vehicle back to you.

Elizabeth Said:

IS THIS A GOOD DEAL (home purchase) please advice...?

We Answered:

With the large inventory, foreclosures, one cannot count on http://www.Zillow.com to be accurate its only an estimate.

As mentioned by the previous answer, actual recent sales comps may be best and the agent can provide them.

Make sure they are the sales are comparable.

Best to you.

Judith Said:

I am refinancing my house, but what do all of these fees mean? Where is my money going?

We Answered:

That's a lot of fees - the bank/mortgage company gets most of that money - that's how they stay in business and pay the brokers you are getting the refinancing thru - have you tried more than one broker to see if anyone else charges less in fees?