good-faith estimate

0.01 sec.

good-faith estimate

An initial estimate of expected closing costs, net proceeds to seller, gross cash required of buyer, or loan expenses. By virtue of various state and federal laws, a seller's real estate agent may be required to provide a good-faith estimate of net seller proceeds to accompany every offer; the closing company may be required to provide a good-faith estimate of closing expenses to the buyer, and a lender may be required to provide a good-faith estimate of loan costs to a borrower.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
closing costs closing statement Good Faith Estimate HUD-1 form Mandatory Disclosure Mortgage Scams and Tricks operating budget overage Real Estate Settlement Procedures Act Required Cash RESPA Settlement Costs Truth in Lending Truth in Lending Act			One way to know this is to ask for a GFE or good-faith estimate, which includes all the basic costs associated with the purchase. Useful Tips when Buying Miami Beach Foreclosures by Mark Michael Ferrer / Real estate industry community You are hereby ordered to provide [the Chronicle] with a revised written, good-faith estimate which reflects the actual costs of providing the names of the students whose parents have consented to release of directory information," Supervisor of Public Records Alan Cote wrote in a February 12 letter. In Massachusetts: $14k too much for student records by Information Management Journal The new ABN requires that beneficiaries be given, among other information, a good-faith estimate of the cost they are likely to incur if Medicare denies payment. CMS mandates switch to new ABN form by September 1 by McCarty, Michael N. / AMT Events			Golden Hello Golden Life Jacket Golden Parachute Golden Share Golden Umbrella Goldilocks Economy Goldilocks Market Goldman Sachs Commodity Index Good 'til canceled Good 'Til Cancelled Order good and marketable title good and merchantable title good consideration Good Delivery Good Delivery and Settlement Procedures good faith Good Faith Deposit Good Faith Estimate Good Faith Money good funds Good Money Good Risk Good Through/Until Date Order good title Good Will good-faith estimate Good-This-Month Order good-till-canceled order Goods and Services Goods and Services Tax Goods in Process goodwill Google Gopik Gordon Brown Gordon Growth Model Gorilla Gosbank Gosplan Gouvernement de l'entreprise Governance corporative Government Accountability Office Government Accounting Office Government Accounting Standards Board Government Bond Government Bonds Issued at a Discount Government Broker Government Debt Government Depository Government Failure Government Grant			Good Works Good X Practice Good You're Here Good, Bad and Ugly Good, Bad, Whatever Good, Better, Best Good, Giving and Game Good, Highest, The Good, James Isaac Good, Quit, Less Lag for Me Good, Sound and Merchantable good-by good-bye Good-bye and good riddance Good-bye for now Good-Bye Kiss Good-Bye Kisses good-byes good-bys Good-Deeds Good-den Good-faith Good-faith Good-faith Good-faith Good-Faith Deposit Good-Faith Deposits good-faith estimate Good-Faith Initiative for Veterans Employment good-fellowship good-fellowship good-for-naught good-for-nothing good-for-nothings good-hearted good-hearted good-heartedness good-heartedness good-humored good-humoredly good-humoredness good-humoured good-humouredly good-humouredness good-king-henry good-looker good-lookers good-looking Good-luck charm Good-luck charm good-natured good-natured good-naturedly good-naturedly good-naturedness good-naturedness good-neighborliness good-neighbourliness

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.