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Updated about 10 years ago on . Most recent reply

Mike Flora's profile image
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Mike Flora
  • Investor
  • from Menifee, California
  • Member since Feb 6, 2015
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Mike Flora's profile image
Mike Flora's profile image
Mike Flora
  • Investor
  • from Menifee, California
  • Member since Feb 6, 2015
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Mike Flora
  • Investor
  • Menifee, CA
216
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534
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Buying & Selling Real Estate

Closing fee's

Mike Flora
  • Investor
  • Menifee, CA
Posted

Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? 

EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him under contract for 110K.

Just trying to get an idea of any extra fees etc on a situation like this/how the behind on mortgage payments work when closing etc.

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