Horace tries to ghost the borrowers Octavia recommended to him.

We’re back to talking about Jim’s experience buying a home as a mortgage professional. On part two, we’re diving into his experience using a realtor, the value of realtors, and how his view of realtors changed during the homebuying process.

An “attorney state,” or a state that requires that closings be supervised by a licensed attorney, transactions taking place in Massachusetts subsequently will require attorney fees. Land surveys, referred to as “plot plans,” are required for purchase transactions, which means an additional fee to each transaction.

Octavia has a new lead for Horace.

The state of Colorado is fairly straight-forward when it comes to closing costs and fees. The state is noteworthy in that title insurance rates are grouped by zone, rather than county, which could result in multiple-counties within a specific zone. 

If it seems like the headlines are being dominated these days by talk of interest rates, layoffs and uncertainty. Consider this my effort to shine some light upon the positives that are also emerging every day in the mortgage and real estate industry.

Like all other “attorney states,” an attorney’s supervision is required for each real estate transaction involving property situated in Delaware. This, of course, means each transaction will have its own attorney fee.

Per the lighter tone of our Summer Session, Jim and Alayna discuss memes, meme marketing, and new formats.

Octavia’s Uncle Phil wants a rate discount.