Fees. It’s an interesting word and many
people don’t know just how many fees are involved in a real estate transaction. Lender fees, title fees, inspection fees, notary fees, administrative fees, recording fees, if you’ve ever looked at a settlement sheet you’d be amazed at just how many there are. Why so many?
Here is the headline from the AP Storythat ran yesterday “Senators agree to extend homebuyer tax credit”. Look spretty good, doesn’t it? Reading that, you would think we were in the clear, tax credits for everyone! Well, I hate to 
rain on everyone’s parade, but we still have a long way to go.
Think of this process like looking at the moon through a telescope, it’s there, you can see every
detail, you almost feel like you can reach out and touch it……. yet it is still thousands of miles away.
I saw an article posted on Rismedia the other day (http://rismedia.com/2009-10-15/8000-tax-credits-hoops-frustrate-house-hunters/) that was picked up from the Orlando Sentinel. The reporter (Mary Shanklin) titled the article “$8,000 Tax Credit’s Hoops Frustrate House Hunters”.She wrote a nice article about the challenges some people are facing in today’s market, concise and well written. In reality, the challenges she outlinedhave nothing to do with the tax credit. Let me give you theexamples used,summarizedfrom the article:
