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I have lived in Sacramento since 1986 and have been selling Real Estate since 1990. Watching Sacramento and the surrounding communities grow up around us has been incredible. From the ever growing downtown Sacramento area, to the exclusive area of Granite Bay, to the beautiful rolling hills of El Dorado Hills and of course to the wonderfull Folsom Lake area. We are truly blessed with all that our great cities have to offer.
My teams goal and as your realtor, we are committed to provide you with 1st class service from start to finish and beyond. Working with Honesty,Integrity and Striving to have you as a client for years to come!
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Closing or Settlement >Estimated Closing Costs
There is a federal law that requires mortgage lenders to give prospective buyers an itemized, "good-faith" estimate of their closing costs. Sometimes buyers arrive at the closing with this document in hand and proceed to question each item on the final closing statement that does not match the estimate exactly.
These "good-faith" estimates are just that--estimates. The lender's charges will be fairly accurate, but the charges for attorneys, termite inspections, title insurance, and other items that appear on the closing sheet may vary from the estimate. Some pro-rated items, such as taxes or homeowner's association fees, will also be different if you don't close on the date that was used to calculate the estimate. The purpose of the disclosure law is to give you a ball park figure of your closing costs. But the estimate you are given won't be to the penny--probably not even to the dollar!
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| Q |
What private residence is considered the most expensive house ever built?
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| A |
The William Randolph Hearst Ranch in San Simeon, California cost over $30 million, equivalent today to $276,883,320. Bill Gates recently built a home for over $40 million.
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NUMBER1EXPERT®
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