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  • Why Buyers Choose Diana Gould - Why homebuyers looking for a real estate agent in the Stamford, Greenwich, Darien and Lower Fairfield County area choose Diana Gould.

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  • Go to Main Sitemap - Main sitemap sections include Find Stamford, Greenwich, Darien and Lower Fairfield County Homes, For Home Buyers, For Home Sellers, Stamford, Greenwich, Darien and Lower Fairfield County Information, Real Estate Resources, and About Diana Gould.

 

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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 bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?

A 
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
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Diana Gould, REALTOR®, real estate agent and broker for Stamford, Greenwich, Darien and Lower Fairfield County, Connecticut home listings, property and land for sale - NUMBER1EXPERT

Diana Gould
Coldwell Banker Residential Brokerage

893 Post Road
Darien, CT. 06820
Cell : 203-249-6656
Office: 203-655-3961
Fax: 203-655-5192
Email: dianagould@NUMBER1EXPERT.com

As a long time resident of Stamford, I am thrilled to have the opportunity to help you with the successful sale or purchase of your property. I hope that my knowledge of the community and strong attention to detail will earn your trust.

Equal Housing MLS REALTOR


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