Intriguing Online Shopping Ideas: Oregon Coast Gifts Beach Connection, OR - She was inspired by noticing that at the bridal and baby showers of friends, the best gifts were the indie ones purchased from smaller shops on the coast. ...
Collectibles top city?s Net shopping list Calcutta Telegraph, India - Nov 26, 2008 Calcutta has emerged as a city of collectors in a country-wide survey of online buying trends by the Indian arm of shopping website eBay. ...
Why Boston is best for shopping Independent, UK - Nov 29, 2008 Try the booming retail scene in this east-coast city and enjoy its sights, old and new, says Kate Simon AP Should you go Christmas shopping in America this ...
Santa Claus, Markowitz, Merchants Launch ?Shop Brooklyn? Brooklyn Daily Eagle, NY - by Harold Egeln (edit@brooklyneagle.net), published online 12-01-2008 By Harold Egeln BAY RIDGE ? The holiday shopping season got off to a spirited start on ...
Source: Google News
Recent News and Articles on the Keywords: net + deal + shopping Related to the article below (Last Update: 8/5/2008)
Net a deal Sydney Morning Herald, Australia - The pioneer of this style of travel shopping was Webjet, which 10 years ago launched a website that allowed internet-savvy members of the public to compare ...
Huet, Khabibulin in net for 'Hawks Chicago Tribune, United States - A new top goalie did not appear to be on their free-agent shopping list. "No one saw this coming, except us (Blackhawks management)," Tallon said. ...
A Green New Deal for our times guardian.co.uk, UK - Aug 2, 2008 This will be part of a wider shift from an economy narrowly focused on financial services and shopping to one that is an engine of environmental ...
Business news briefs Pittsburgh Post Gazette, PA - JCPenney said its store at The Foundry shopping center in South Strabane will move temporarily to its former location in Washington Mall in Washington, Pa. ...KOP - MT
AOL Consumer Advisor MSNBC - Aug 1, 2008 It makes perfect sense when you consider online shopping has always been about three things: selection, price and convenience. The selection is bigger than ...
Spearmon predicts memorable Olympic sprints CNN - Aug 3, 2008 It's another to be stared at, the way they were when they went on their outing to the An Sheng Shopping Center after their morning practice Sunday. ...
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[CITATION] Cost Transparency: The Net?s Real Threat to Prices and Brands I Sinha - Harvard Business Review, 2000
[PDF]Shopping online for freedom, control, and fun - M Wolfinbarger, MC Gilly - California Management Review, 2001 - csulb.edu ... online coupons have made my Christmas shopping almost a game?what wonderful deals!?
?[Online] promos seem ... hour according to weekly Nielsen Net-Ratings. ... -
Shopping Model of the Time-Sensitive Consumer UN Umesh, KL Pettit, CS Bozman - Decision Sciences, 1989 - Blackwell Synergy ... run. Deal Proneness and Shopping Behavior ... However, time sensitivity of shopping
behavior is a broader concept than deal proneness. A ...
Consumer reactions to electronic shopping on the world wide web SL Jarvenpaa, PA Todd - International Journal of Electronic Commerce, 1996 - portal.acm.org ... competitively priced merchandise and attractive promotions and deals. ... Table 1.
Definitions of Shopping Factors ... access to the university backbone net- work. ...
KJ Abdo - Ent. & Sports Law., 2005 - HeinOnline ... from the stage") and earn a far greater net return on ... may not produce the album,
if a record deal is secured ...Shopping coupled with the right to produce an album ...
Shopping for Bargain-Priced Companies? Avoid Asset Impairment Traps OB Martinson - Journal of Corporate Accounting & Finance, 2002 - doi.wiley.com ... one year later was negative, whereas the other half of the deals involved payment ...
It is based primarily on the net present value of expected future cash ...
Real estate experts advise shopping thoroughly for the best mortgage deal. But often borrowers won't escape overages by studying advertised rates and fees or even calling lenders for estimates.
Puget Sound Bank president James Maxwell said his staff usually doesn't include overages in its estimate until part of the way through processing the loan.
Here's how he described his bank's lending procedure:
When a borrower calls to ask for a rate and fee quote, the loan officer who takes the call usually quotes the market rate and fee (the one set by investors) plus the standard profit margin of three-eighths of a percentage point for servicing the loan.
The borrower can "lock in" a rate and fee then, but nearly all opt to "float" until the deal closes, hoping rates will fall.
As the deal progresses, the borrower might check rates and fees periodically. Market rates during this time can fluctuate; they sometimes change at midday, but usually change just once a day.
When the borrower is ready to lock in a rate and fee, the loan officer gets the market rate that day. It's at this point that the overages are tacked on. They range from one-quarter to half a percentage point in upfront fees and/or an eighth of a percentage point in interest.
Thomas Lawler, a senior vice president with the Federal National Mortgage Association (Fannie Mae), advises borrowers to shop around and watch closely for lenders who not only "cushion"
market rates and fees, but entice borrowers with lower quotes then raise them later.
"That's wrong," he said. "It's not even bait-and-switch. It's worse."
Maxwell insisted Puget Sound does not "bait and switch" borrowers because the original quotes aren't firm estimates and the borrower can negotiate until the rate and fee are locked.
Borrowers don't always see it that way.
Stephen Hammil didn't feel he could negotiate because his deal involved a property trade that other lenders refused to consider. Gary Zelamsky's purchase was a condominium that only Puget Sound would finance. J. Michael Burry, a real-estate investor, was negotiating a loan by phone from his Virginia home and found it difficult to monitor his deal.
For other borrowers, the reasons for not negotiating are much less complicated. Many simply feel the pressure of financing deadlines and don't want to risk losing the hundreds of dollars they've paid for a credit report and appraisal.
Even Maxwell, when asked whether it's very hard for borrowers to switch lenders at the last minute, said, "I can't deny that element is present."
Peter G. Miller, a Washington, D.C.-area, real estate broker and author, said he's fascinated that borrowers plead for a loan instead of making lenders work for their business.
"It's very clear the public has no idea about how mortgage rates are established, what points are, what their rights are . . . to negotiate," he said.
"The issue is not that it's a terrible thing for lenders to try to maximize their profits. The issue is that it's a terrible thing for consumers to pay more out of ignorance."
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