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11 Different Ways to Participate in The New Millennium Real State Boom
Many parts of the country are going through a real estate boom. In recent reports real estate is showing double digit growth in many parts of the country. In still many other real estate growth is outpacing inflation. 1 - Real Estate Agent Real Estate agents are responsible for the vast majority of Real Estate Sales, Matching qualified buyers with eager sellers. 2 - Mortgage Broker A good mortgage broker will represent 10 or more lenders. Each lender may have dozens of loan programs. The job of the Mortgage broker is to find the best loan for each client. 3 - Loan Originator A loan originator or loan officer will work for the mortgage broker and help the client choose the best loan for their situation. 4 - Title Officer A title officer will issue a title insurance policy on Real property. The purpose of the title insurance is to protect the buyer and the lender in the event there are claims against the property that weren't settled at time of purchase. 5 - Loan Processor A Loan Processor often gets paid a salary as well as a bonus for each funded loan. Loan Processors do all the paper work to push a loan thru. 6 - Loan Underwriter The Loan Underwriter works for the lender and makes sure the borrower meets the loan qualifications 7 - Appraiser An Appraiser will place a value on the house that will be used by the lender to determine the amount of money they are willing to lend on a property 8 - Home Inspector A home inspector will often look over the house to find any problems prior to the close of the sale. The buyer can then negotiate with the seller to get some or all of the major problems fixed. 9 - Insurance Agent Lenders require a Home Owners Insurance policy. Often new homeowners will also purchase, Flood, Mortgage life and earthquake insurance as well. 10 - Escrow Officer An escrow officer works for an escrow company. An escrow company is a neutral 3rd party that holds and disperses the funds to ensure a smooth transaction 11 - Real Estate Lawyer Many Real estate transactions require the services of a lawyer About the Author Get Mike's Newsletter Here Copyright © 2005-2006 Mike Makler
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(NYSE:ACRE) Given Consensus Recommendation of "Reduce" by Brokerages MarketBeat RE/MAX real estate moves into new Plano location Kendall County Now Bill Freeman, Nashville real estate developer, major Democratic fundraiser, dies at 73 Tennessee Lookout Real estate agency in Falmouth collects gifts for kids in foster care system NewsCenterMaine.com WCSH-WLBZ Fast-growing city south of Austin seeks developer for hotel, convention center The Business Journals Feta Cowboy: New Pita Jungle eatery includes real estate investment partnership ABC15 Arizona in Phoenix These Are The Hottest Real Estate Markets In New York State Hudson Valley Post Nashville's 2025 real estate outlook holds strong despite high prices, slowed in-migration Tennessean It’s Okay to Negotiate with Your Real Estate Agent The Truth About Mortgage Belveron Partners Closes Seventh Real Estate Fund with $354 Million in Capital Commitments PR Newswire Award-Winning Royal Texan Homes LLC Welcomes Acclaimed Real Estate Expert Glenda Hampton PR Newswire Allison Ziefert Real Estate Group Offers Reflections on Thanksgiving and October Market Reports The Village Green We found the 10 best states for real estate investment in the USA Mortgage Professional West Palm Beach third worst in US for pending home sales, according to new report WPTV News Channel 5 West Palm Real estate investment firm Evergreen raises $1bn, secures strategic backing Alternatives Watch Real estate mogul Ben Mallah claims he's earned ‘infinite returns’ — here's the method he uses Yahoo Finance This Eastside ZIP code is a national hot spot for luxury home sales The Business Journals Flipping the script: Contrarian investors find opportunities in office Institutional Real Estate, Inc. 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