tag:blogger.com,1999:blog-2855408205087880572.post8854360018838957406..comments2023-10-31T06:14:11.621-07:00Comments on The Springboard: MORTGAGE LOAN INSPECTIONS ARE NOT NEEDEDJim Bauerhttp://www.blogger.com/profile/01006512813543822031noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2855408205087880572.post-42678756424441028322013-05-16T15:47:10.952-07:002013-05-16T15:47:10.952-07:00Both Jim and mortgagemadness make good points. In...Both Jim and mortgagemadness make good points. In an idealized world, the average Joe wouldn't have to worry about getting fleeced when making the biggest purchase of their lives. <br /><br />To Jim's point, The Dodd-Frank acted helped in this regard and has, in theory, curtailed the some of the most abusive practices (such as yield spread premiums). Despite this, enforcement is questionable and abuses still occur. Even within the framework of the law, the costs of a mortgage or refinance can vary by many thousands depending on the lender and originator, both of which are happy to tell the unassuming consumer what a great deal their getting. <br /><br />It is true that consumers can protect themselves by learning about mortgages and aggressively shopping for a loan, but that's not for everyone. I founded <a rel="nofollow"> HomeLoanInspectors </a> to give consumers a way to protect themselves without having to invest huge amounts of time learning the ins and outs of mortgages. <br /><br />To me its another choice: you can roll the dice that your lender is a "good guy", invest a lot of time and effort, or have someone who knows what to look for give you some help. Simple as that.Anonymoushttps://www.blogger.com/profile/09794523491576347255noreply@blogger.comtag:blogger.com,1999:blog-2855408205087880572.post-48181979293908849562012-08-28T04:16:32.844-07:002012-08-28T04:16:32.844-07:00For me it is not a big deal if inspector inspect y...For me it is not a big deal if inspector inspect your mortgage loan because it is for the sake of your loan and also to secure that you have legal documents and papers to purchase a house.<br /><br /><a href="http://www.mortgageadvicebureau.com/buy-to-let-mortgage/" rel="nofollow">Click here</a> to get mortgage advicetakeshi007https://www.blogger.com/profile/08768241597586132170noreply@blogger.comtag:blogger.com,1999:blog-2855408205087880572.post-657732180410464802010-11-14T17:27:17.689-08:002010-11-14T17:27:17.689-08:00Thank you for this blog it help us to get this mor...Thank you for this blog it help us to get this mortgage. You've guys have been top notch! I will recommend your site and services to my friends. <a href="http://www.unlockequity.ca" rel="nofollow">Canadian Reverse Mortgage</a>Unknownhttps://www.blogger.com/profile/12276422351928088484noreply@blogger.comtag:blogger.com,1999:blog-2855408205087880572.post-92095899431041234852010-07-26T19:43:00.039-07:002010-07-26T19:43:00.039-07:00I personally agree with what mortgagemadness has s...I personally agree with what mortgagemadness has stated. Mortgage loan inspectors give everything that the potential homebuyers need to know. Since mortgage is one of the few biggest purchases we make in our lives, we absolutely need to make sure that everything will run smoothly and won't cause any future problems which are definitely more costly. My husband and I have secured an <a href="http://nelsonsousa.ca/applyform/index" rel="nofollow">Alberta home loan</a> months ago, and I can say that getting an expert in <a href="http://nelsonsousa.ca/7-mortgage-secrets.php" rel="nofollow">Alberta home mortgages</a> is like investing in something which is very beneficial in the long run.<br /><br />Indeed, it can be compared to a home inspector.Unknownhttps://www.blogger.com/profile/15126248267364870191noreply@blogger.comtag:blogger.com,1999:blog-2855408205087880572.post-43837669949408832382009-02-05T00:20:00.000-08:002009-02-05T00:20:00.000-08:00I have been reading your blog. I thought it's nice...I have been reading your blog. I thought it's nice blog.<BR/><BR/><A HREF="http://www.mortgageloanraterefinance.com/mortgage-loan-for-bad-credit.html" REL="nofollow">mortgage loan for bad credit</A><BR/><A HREF="http://www.mortgageloanraterefinance.com" REL="nofollow">mortgage loan rate refinance</A><BR/><A HREF="http://www.creditformortgageloan.com" REL="nofollow">credit for mortgage loan</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2855408205087880572.post-83458638999602221212008-07-08T09:44:00.000-07:002008-07-08T09:44:00.000-07:00I noticed you forgot to mention the most important...I noticed you forgot to mention the most important fact of all about Mortgage Loan Inspection; you have never spoken to, or even met with them. If you would have, you may have mentioned in your blog that they provide necessary mortgage education to their clients, help them to make the right decision about the type of mortgage loan program they choose, or that they provide personal, one-on-one guidance and support throughout the entire mortgage loan process. You may have even mentioned the part about how they can save you thousands of dollars in excessive fees, inflated finance charges, title insurance premiums and closing costs. And if that’s not enough, there is the part about how they instruct you in ways to negotiate with the lender or bank for the lowest interest rate, best terms and protect you from predatory lenders and unethical lending practices.<BR/><BR/>To make it a little easier for you to understand what a Mortgage Loan Inspection is, it can be compared to having a home inspection done, but for your mortgage. Every Realtor will tell you the importance, protection and benefit a home inspection provides you. A professional home inspector looks for everything that is possible wrong with a property, they know what to look for. They also look for everything that is good and sound with a home. They give you an independent, unbiased opinion with the straight forward answers you need to know. It can tell you it has a good foundation, the electrical is up to par, and the shingles on the roof look to have another 15 years left on them before you have to replace them. The list goes on; in fact, the inspector provides you with a comprehensive report of the inspection results. With the information you now have at hand you can make an informed decision about whether or not you are still willing to purchase this home. Should you move on to a different home? Negotiate for a lower price? Or have the homeowner fix the problems the inspector found before you buy it. Information like this is worth every penny you pay for it. The cost for having a home inspection completed is around $300 to $400 on average. <BR/><BR/>Tell me, do you think it worth it to have a home inspection done? It is worth the money? Will it help to protect you? Does it provide you with the necessary information you need to make the right decision about buying that home? Does it give you the answers you are wondering about? It there any benefit to having an inspection?<BR/><BR/>The home inspection, therefore, accomplishes two goals. First it gives you peace of mind that the home you are about to purchase is in the good condition; or second, significant problems that are not evident to a buyer’s untrained eye, are discovered before the purchase is completed.<BR/><BR/>The Mortgage Loan Inspection provides the same service for the buyer’s new mortgage as the home inspection provides for the house itself.<BR/><BR/>Mortgage Loan Inspection does what no State or Federal Agency is able to do, step in and help protect the consumer before they close on a mortgage! Helping someone after the fact is just that – after the fact! <BR/><BR/>There are laws in place that are supposed to protect us. They fall short when it comes to stopping predatory lenders and unethical lending practices. They are designed to prosecute only after the damage has been done with little or no real action or consequences to those involved. <BR/><BR/>Getting a Mortgage Loan Inspection stops problems before they happen, isn’t stopping a problem before it happens a great idea? If the Government stepped in and got involved with reviewing loan paperwork, how much more would that cost you? Do you really think only $275? I think not, try $1000 or even higher. Who is going to pay for the new government employee’s? Who’s going to run the new agency? The same government agency letting the mortgage brokers and bankers off the hook now? Why don’t we let the CEO of Countrywide Mortgage or Washington Mutual Bank, 2 of the largest banks in the nation run the new agency. And how will you know if they are acting in your best interest and not theirs? Take my word on this – YOU NEED MORTGAGE LOAN INSPECTION!Unknownhttps://www.blogger.com/profile/14158885626037824566noreply@blogger.com