Ocean City, Ocean Pines and Berlin real estate and homes for sale in Maryland - Linda A. Moran, REALTOR® REALTOR® Logo
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Linda A. Moran


On my website you can find properties for sale easily. I am always available to help you…just email Linda@LindaMoran.com

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Real Estate Tips
Closing or Settlement >The Good Faith Estimate

When you buy a home, you will pay "closing costs" in addition to the down payment. These costs include the "points" you pay on your mortgage loan, title and hazard insurance, the title search, legal fees, and other charges imposed by the lender. These charges vary by state and county, but they usually represent a considerable amount of money.

Your real estate agent can tell you about the closing costs in your area. Ask your agent for some general figures when you begin your search for a new home, and use this information as a guideline. When you apply for your loan, the lender is required to provide you with a "good faith" estimate of the closing costs. The lender's good faith estimate is usually close to the actual amount, since the sales contract will have the price and terms of your new home spelled out. As the closing approaches, your real estate agent will give you a final figure for the check that you will bring to the closing table.

See All Tips In The "Closing or Settlement" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What area in the U.S. has been referred to as the "American Riviera"?

A 
Miami Beach in Biscayne Bay is Florida's pre-eminent place for "people watching" and a hot spot for celebrities.
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Linda A. Moran, REALTOR®, real estate agent and broker for Ocean City, Ocean Pines and Berlin, Maryland home listings, property and land for sale

Linda A. Moran
Prudential PenFed Realty

12308 Ocean Gateway, Suite 1
Ocean City, MD 21842
1-800-367-7350X128
Direct: 410-520-2628
Fax: 410-213-7088
email: Linda@LindaMoran.com

Linda Moran has been providing real estate services to buyers and sellers for over 30 years. She knows the real estate market and can provide you with up to date information regarding the area and surroundings. Call Linda at any of her numbers to chat or email her. She stays on-line and has advanced communications to assist you quickly.

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Prudential Carruthers Realtors real estate and homes for sale in Ocean City and Ocean Pines Maryland



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