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  2. Entry-level California home costs up 88% from 2020 ... - AOL

    www.aol.com/entry-level-california-home-costs...

    (The Center Square) - The monthly payment to purchase an entry-level California home has risen 88% since 2020, according to a new report from the non-partisan, state-funded Legislative Analyst’s ...

  3. Mortgage points: What are they and how do they work? - AOL

    www.aol.com/finance/mortgage-points-192840885.html

    In this example, the borrower bought two discount points costing 1 percent of the loan principal, or $3,200 each. By buying two points for $6,400 upfront, the borrower’s interest rate shrank to ...

  4. We’re Real Estate Agents: 7 Costs Home Sellers Often ... - AOL

    www.aol.com/real-estate-agents-7-costs-150024626...

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  5. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

  6. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    Loan Estimates are considered binding in that the lender's costs cannot change and if the lender's estimates of third-party costs are off by more than 10% the lender must cover the difference (this is called "curing"). [3] The Loan Estimate covers all the costs associated with buying a home, even if they are not related to the actual mortgage.

  7. California Department of Real Estate - Wikipedia

    en.wikipedia.org/wiki/California_Department_of...

    The Real Estate Commissioner is appointed by the Governor, and serves as the chief executive of the Department of Real Estate. [4]Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024.