It is a pre-paid wireless phone you buy at the drug store or walmart.

The rest are escrow and pre-paid insurance costs.Of the half that are closing costs, legally you should have received a Good Faith Estimate (GFE) of every one of these costs when you submitted your loan application and the contract on the property.

The only problem I have is that there is no option to pay with debit or credit card.

Originally posted by James Park:It appears that Solid Source Realty raised their rates slightly from $40 to $68 a month and $300 to $323 a month...Thanks for the correction, James...We're still getting invoiced/debited $303 per month, but perhaps agents under the previous pricing plan were grandfathered in.If one has a broker's license in Georgia does the overhead come out cheaper if i am use the broker license for the main purpose of investing, selling and buying my own properties than hanging your license under Solid Source Realty?

Prepaid rent?

You should also account for the mortality charge that gets debited every year from the cash value.

And a bunch of misc recording fees.The other factor in "closing costs" on the buyer's side is the "prepaids".

I've used Pre Paid for about 10 years now.

The $6000 would appear on the HUD-1 as a debit on the sellers side and a credit on the buyer's side.

Or is that 3%limit just for "closing costs and prepaids" and you can credit whatever you want for other reasons?