Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

29
Posts
9
Votes
Todd Michaels
  • Investor
  • Chicago, IL
9
Votes |
29
Posts

$10k closing costs on $315k duplex - seem about right? Title Services?

Todd Michaels
  • Investor
  • Chicago, IL
Posted

Hello,

My fiancee and I received a GFE of ~$10k, just want to make sure these numbers seem ok to experienced folks here on BP.  Owner-occupied duplex.  Purchase price $317k.  20% down.  4.125% interest rate.  Loan amount $253,600.

The 3 biggest items are:

Title Services and Lender's Title Insurance = $4,148

Transfer Taxes = $2377.50

Initial deposit of Escrow = $850.00

The the taxes and escrow seem fine, but what about title services?  $4k seem reasonable?

Thanks.

Loading replies...