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Updated over 4 years ago on . Most recent reply
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First Purchase - Closing Costs
Hey Guys,
Really appreciate any responses and guidance here.
This is my first investment purchase, property is in Livermore California, and we are in closing. As I type this, I am reviewing the disclosures from the lender and I see the following:
Title - Closing/Settlement/Attorney Fee for $1,625 Title. The Purchase price is 656K
Question: Does this seem right? I am not sure what this fees is for and seems a bit high to me. (I will ask the lender, but I wanted to inform myself before I speak to them)
Most Popular Reply
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@Maria D'Aura Thank you, yes, I do not plan on making any changes, just trying to understand. These things are so intertwined, it is hard as a laymen to know things no matter how much you read up. I am glad I am able to be educate myself.