Real Estate Finance

• “Financing the Purchase of a Home” Excerpt from Brincefield’s Guide.
• “When the Credit Report is Wrong” An article which appeared in The B.O.D. Report of the Northern Virginia Association of REALTORS® dealing with correcting errors in credit reports.
• “Additional Considerations When Buying Certain Kinds of Homes or When Using ‘Creative’ Types of Financing” Excerpt from Brincefield’s Guide.
• “The Disappearing Mortgage Loan Commitment” This article discusses how mortgage loan “commitments” aren’t always dependable and how you can protect yourself.
• “Mortgage Financing for Condominium Homes” An article from Quorum magazine addressing the difficulty of finding financing for condominium units in communities with a low owner-occupancy ratio.
• “When is the Financing Contingency Removed from the Regional Sales Contract?” Solutions for the “lender letter” problem.
• “Building a Nest Egg or Courting Disaster” Washington Times article that quotes Mr. Brincefield concerning potentially undesirable aspects of “creative” financing involving tie-ins between a mortgage and life insurance.
• “Mortgage Broker Fees and Yield-Spread Premiums” Washington Post article discussing the effect of the Real Estate Settlement Procedures Act (RESPA) on disclosures of settlement.
• “Silent Seconds” An article from Northern Virginia Association of REALTORS® Update which discusses the illegality of hiding second trusts during settlements.
• “In Mortgage Hunt Home Buyers Hold the Hammer” Wall Street Journal article quoting Mr. Brincefield’s tips for homebuyers seeking to compare the terms of financing offered by various lenders.
• “Lender Fee Insight” How to avoid unexpected charges from mortgage lenders.
• “Homeowners Get a Feeling of Déjà Vu” Wall Street Journal article quoting “real estate lawyer and consumer advocate” Beau Brincefield. The article includes tips for homeowners seeking to refinance their current mortgages.
• Special Situations