Comments on: The Truth about The Truth-in-Lending https://nickbastian.com/the-truth-about-the-truth-in-lending/ Thu, 12 Aug 2010 03:57:50 +0000 hourly 1 By: Dallas Homes For Sale https://nickbastian.com/the-truth-about-the-truth-in-lending/#comment-81 Thu, 12 Aug 2010 03:57:50 +0000 http://nickbastian.com/?p=119#comment-81 Would you provide more examples.

Thanks,
Dallas Homes Expert

]]> By: Kapiti Real Estate Blogger https://nickbastian.com/the-truth-about-the-truth-in-lending/#comment-80 Fri, 30 Jul 2010 07:32:28 +0000 http://nickbastian.com/?p=119#comment-80 When you pay higher fees it could affect the interest rate you get charged and
the APR. When selling your own home yourself you shouldn’t try and do everything on your own. I don’t just say this to promote Realtors, because I am also refering to getting the right advice from financial and legal experts. There are several pitfalls to avoid when selling your own home FSBO. Also, be aware, selling your own home alone can be disheartening and in many ways scary. You have to shoulder the responsibility all by yourself. The key therefore, is to find the right people who can help you through the sale and closing process. Accept that you can’t do all the things necessary to close the transaction yourself. There is a lot at stake, so it is important to seek qualified help, in order to get things right.

]]> By: Bill Risser https://nickbastian.com/the-truth-about-the-truth-in-lending/#comment-79 Thu, 15 Apr 2010 05:02:22 +0000 http://nickbastian.com/?p=119#comment-79 James – APR’s on ARM’s are a joke… I don’t even attempt to explain those to a buyer, since some wild assumptions are made, like the rate in the future. Too bad HUD didn’t address that issue and as you suggest, eliminate the TIL on ARM’s…

]]> By: James Mucci https://nickbastian.com/the-truth-about-the-truth-in-lending/#comment-78 Wed, 14 Apr 2010 01:31:12 +0000 http://nickbastian.com/?p=119#comment-78 Nice explanation, but what about those APRs on the Adjustable Rate Mortgages? Thats where the “Truth in Confusion” gets really interesting. Especially when the index for the adjustable rate is so low, the that fully indexed rate would be lower than the start rate and the APR is also lower than the start rate. Now add in the new GFE and the Truth in Lending disclosure should really no longer be involved in the loan documents, but they usually only add disclosures, never really remove them.

James Mucci – MI refinance
.-= James Mucci´s last blog ..Wondering Why it’s So Hard to Get a HELOC? =-.

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