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All Forum Posts by: Robert J.

Robert J. has started 2 posts and replied 4 times.

Starting Out

Post: High closing costs.

Robert J.Posted
  • Posts 4
  • Votes 4

Sorry it's 3.4% points. I will edit the post.

0 Votes
Cleveland, Ohio
Starting Out

Post: High closing costs.

Robert J.Posted
  • Posts 4
  • Votes 4

I'm new to all this. What would you recommend? How would I negotiate that down? 

0 Votes
Cleveland, Ohio
Starting Out

Post: High closing costs.

Robert J.Posted
  • Posts 4
  • Votes 4

Do these closing costs seem high to anyone

Loan amount is $131,000 at 7.5% interest with 25% down.  

~$11,000in closing costs: 

4.4% points ($4,500)

$1500 underwriting and processing

$700 appraisal and credit report

$1300 in title related charges

$1000 in taxes

$1300 in pre-paid

$800 in escrow

2 Votes
Cleveland, Ohio
New Member Introductions

Post: Proper forum etiquette

Robert J.Posted
  • Posts 4
  • Votes 4

Is it unwise to post details about a loan on the forum to get advice? 

2 Votes