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2 January 2019 | 7 replies
Your negotiation elements are 1) the fact that the notice was short and you need time to rerent, 2) they got a better rate for 6 months than 4 months 3) the fact they prepaid meant somehow that there was no possibility for early termination.
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4 October 2018 | 3 replies
Purchase price: $179,900*Estimated prepaid costs :$4,184.56Estiamted closing costs: $9,197.54Total costs (Add items : $193,282.10Prorations charged to buyer: -$528.66Loan amount: $134,925Cash from/to borrower: $58,885.76Does this seem high for closing costs and all?
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8 October 2018 | 5 replies
But after I ran some numbers (these are only estimates) I would expect your closing cost to be closer to $5,000-6,000 (origination fees, appraisal, survey (if needed), closing, doc prep, attorney fees, flood cert, title, prepaid insurance/taxes/mortgage insurance, and initial deposits to escrow) Paying 15% of the value of the home in closing costs is pretty high.
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13 October 2018 | 9 replies
All in, including prepaids I’m at about 4k
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20 October 2018 | 7 replies
Paying all cash and then feeling like you have awesome cash flow is an illusion....you just pre-paid your cash flow and are paying yourself back
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28 October 2018 | 99 replies
And I WOULD have filed an ADA complaint with the Department of Justice, a complaint with the local real estate commission, and a private lawsuit as well because I was already into the rental prepaid to $4000.I'm just glad I'm there now to protect my daughter from that kind of harassment.
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23 October 2018 | 1 reply
Closing costs of $4,618 are the following: Underwriting fee $495, Appraisal fee $700, Credit report $33, Tax service $109, Lender's title insurance $543, Title settlement fee $434, Recording fees and other taxes $300, Prepaid homeowner's insurance premium $780, Prepaid interest for 15 days $254, Escrow homeowner's insurance $130, Escrow property taxes $840 (we normally don't escrow anything, so that in itself is annoying).
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1 January 2019 | 6 replies
If you collect a certain amount of prepaid rent(someone has to confirm that amount) it can be required to pay interest on the advance rent portion. 8.
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29 October 2018 | 5 replies
Seller To pay $____________ towards buyers borrowing costs and pre-paids.
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13 March 2019 | 7 replies
The terms are 30 yr fixed 5.375%.Here is the snapshot of the closing costs excluding prepaids/escrow.I confirmed with the lender that the appraisal fee is $700 (400 appraisal + 300 rent schedule).