Banking Ute Park

Who is responsible to pay broker compensation?

Broker’s Compensation The broker’s compensation is specified in the contract with the seller. Real estate license laws may stipulate that a written agreement must establish the compensation to be paid. Compensation can be in the form of a commission or broker’s fee computed as a percentage of the to...more

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Types of Real Estate Listing Agreement

Types of Listing Agreement Several types of listing agreements exist .The type of contract determine...more

What is foreclosure process?

Foreclosure is the sequence of legal proceedings by which a lender sells or repossesses a home when ...more

Can I dispute accurate information from ...

Disputing information on your credit report is a process, and you must start with the credit bureaus...more

What is a Certified of deposit?

Benefit of Certified of Deposit ( CDs) A Certificate of Deposit or CD is a special account offered b...more

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What is a Deed in Lieu of Foreclosure

Mortgage Deed in Lieu of foreclosure is a mortgage release where borrower voluntarily transfers ownership of property to mortgage in exchange for a release from borrower mortgage loan and payments. Re...more

Can bank discriminate applicant for mortgage based on nationality?

Of course it is illegal for banks to turn down your application for mortgage because of nationality. You could be yellow, brown, green or white and I can guarantee it is not about race. You may have ...more

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What if FHA Loan?

The FHA mortgage program was created to make home ownership accessible to more people, and is admini...more

Benefit of having Certified of Deposit a...

Benefit of having Certified of Deposit account Certificates of deposit (CDs) make financial sense fo...more

What is typical closing cost?

The following items represent closing cost: Mortgage points Mortgage an application fee Flood determ...more