Ask for Good Faith Estimate right away, if they fail to provide it, Beware!

Keep the faith, it only takes one deal to turn everything around.

"One man's meat is another man's poison" The thing we all need to make money is: FAITH in what we are doing.

:cry: I am about to lose my good faith deposit (quite a bit of money) on a preconstruction condo in FL and need some assistance.

Closing costs vary from area to area ,and lender to lender , make sure you get a Good Faith Estimate on what the lender estimates their closing costs to be , along with points , processing ect.I'm a agent and soon to be investor ,and its amazing to see how little i have to put into these investments, yet a good portion of it goes down (Right now i'm at about 4k per investment).

Thanks again and wish you all the best in your future endeavors.Noobdog1, sounds like we have some thing in common, which is our faith in God, I do know that only in Him and through Him are we truly able to conquer any and all challenges/situations put in our lives.

They essentially take the lease option with the deposit on faith that they'll be able to fix whatever credit problems they have in the future enough to buy the house at a price above where the market is now.

After that first home, he knew he could trust me, had faith in me, and eventually did almost zero work for me.

Besides which doing that would cause recent buyers, current contracts awaiting closing and lookers to completely lose faith in that development.I saw this in the '80s in Houston and much of TX.

He sent the lender several “good faith” payments – it demanded those payments before it would consider working with him to get himself current.