Summertime home-buying season

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Special report

Summertime home-buying season
By Bankrate.com

Summer is the busiest time of the year for home sales. And, with interest rates so low, the heat is on! Know your rights as a buyer -- from home inspections to out-of-pocket costs -- to get the best deal.

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Tips to get the best deal on your mortgage
What's your mortgage grade?
	Lenders give you a letter grade just like in school. But this one can cost you.

Don't get squeezed in the mortgage rush
	Today's low mortgage rates mean big crowds in lenders' offices, longer turnarounds and more chances for foul-ups.

10 do's and don'ts for getting an ideal mortgage
	You'll be making that payment for a long time. Get the best deal possible.

Get that rate lock in writing
	How to make sure your lock really clicks and secures that rate you want.

PMI: What it is, how it works and how to work around it
	Sometimes, homeowners can drop private mortgage insurance earlier than the normal rules allow.

How to find and hire a home inspector
	Three out of four home buyers hire an inspector to examine the house. They are wise to do so -- but an inspector won't check everything.

How to prevent closing-cost surprises
	Caught in a mortgage-closing trap? We show you what to do, and how to avoid it.


	-- Posted: July 19, 2002

See Also

•	Finding a house in a hurry
•	Programs that cure the down-payment blues
•	Preparing for the closing
•	Let your escrow grow for you, not your lender
•	6 ways to slash mortgage costs

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