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To: 2banana

That’s pretty sound.

Keep in mind one small error...I am a broker and I have no control over the appraiser’s fee - he’s independent of me! You can often find another appraiser, but the $50 you’ll save doing that is easier to save in other ways honestly.

Title insurance is what it is, it’s basically a per-state thing, you can, however, get a “reissue” rate on title insurance - where they don’t charge for a new policy on the full loan amount, they simply reissue the existing policy and add to it any increase (if any) in the loan amount - it usually saves a couple hundred bucks.


15 posted on 01/31/2008 7:33:18 AM PST by RockinRight ("Mike Huckabee appeals to the type of person who thinks pro-wrestling is real." - TQC)
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To: RockinRight
Keep in mind one small error...I am a broker and I have no control over the appraiser’s fee - he’s independent of me! You can often find another appraiser, but the $50 you’ll save doing that is easier to save in other ways honestly.

I once negotiated with the bank that they would pay for the appraisal. That was about 20 years ago when business was tight and good customers (ie - ones that paid back the money) were actually in demand...

21 posted on 01/31/2008 7:37:07 AM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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