Ass. Mortgage Intermediaries Guide to "Cold Calling" - 2004-01-06
The Association of Mortgage Intermediaries has today announced that it has created a guide for its members on targeted marketing (or cold calling).

From 31st October this year, mortgages will become regulated by the FSA. This new regulation brings with it a raft of changes that mean current practices which mortgage firms engage in will no longer be allowed: targeted marketing (or cold calling) is just one of them.
Read the full story at Mortgage Introducer

Real estate advice: Seller financing avoids loan 'points' - 2004-01-06
An easy way to lower closing costs is to obtain a mortgage with low or no points. However, the interest rate on such a mortgage will be higher than a loan with points. Having the seller finance the purchase is another way to avoid points.

Of course, to be able to finance the home, the seller must own the home free and clear or have a very low mortgage balance. Closing costs are typically divided between buyer and seller.
Read the full story at Inman