First Closing Advice

[Sean Haardt]

Hello BP Community,

Thanks to Josh, Brandon, and all you guys, I am closing on my first buy and hold for 89K in two weeks barring any unforeseen hurdles. I was trying to get an estimate of the monies I need to bring to closing but the preliminary HUD 1 doc with the closing cost estimates from the title company had several mistakes and was way, way off, seller's costs in buyer's column and more. So I was wondering if there is a guideline to estimate closing costs and is there any last minute thing to look out for at closing? I've heard a friend say he doesn't like any surprises at closing. How do I keep that from happening? Thanks BP.

[Linda S.]

Ask your bank for an estimated closing cost worksheet, it should be pretty spot on!    Personally, I'd overestimate by around $500-$1000 just to be ready, stuff always comes up!