
18 September 2018 | 5 replies
Jose,Here is a list of "hidden costs" that may surprise you if you haven't been through this before:Closing costs when you purchase the propertyTitle Insurance Policies for you (and the lender if there is one)Miscellaneous closing fee's (survey, recording, etc)Loan origination feesHolding costs (during the time that you own the property)Builders risk and Liability insurance policy premiumsProperty taxesHOA feesUtility usage chargesBuilding permit costsDumpster / hauling chargesLoan interestClosing costs when you sell the propertyStaging (if applicable)Realtors feeClosing costs (depending on where the property is, this could be a huge cost) Professional fees for accounting, legal and taxesCapital gains tax on your profitI hope this helps you, and good luck!

17 September 2018 | 5 replies
Seller get $282k, buyer pay $300k.Option 2: Contact price $282k, the term change to buyer cover agent fee.

26 September 2018 | 2 replies
Yes, you will have access to a VA loan with 100% financing, however:This doesn't to you a whole lot of good if you are only in a duty station for a few monthsDepending on your rank, duty station, and other factors, you may be required to live on base at timesVA loans are only for owner occupantsYour purchase price will still be dictated by your credit and income (see first bullet above), andIt can be extremely risky to buy with 100%+ financing at the peak of the market (I say 100%+ because many servicemembers and veterans roll their VA funding fee into their loan, which can leave them leveraged at 102% or more - with negative equity).

17 May 2021 | 6 replies
Some security systems will operate over cellular but there is a monthly fee.

27 September 2018 | 11 replies
Do you have to pay a fee to the broker, because their not making their money, if the T/B isn't going through them and simply referring the T/B to you (for the LO)?

18 September 2018 | 3 replies
There are some very specific state laws about the early termination clause and fees in Florida: There is an addendum with specific wording that must be used.

18 September 2018 | 4 replies
You can almost certainly pay the appraisal fees at closing.

18 September 2018 | 3 replies
(At least $2,000/mo rent plus any HOA fees?)

18 September 2018 | 2 replies
Hi all -I am in the process of closing on my third property, which will be under management with the same company I have been with for years. I am currently paying 10 percent. I was considering asking for a reduction ...
18 September 2018 | 8 replies
No way I’d go under contract without $500-1000 option fee (on a small SFH) and at least 5-10k on a multiFYI I’m a Cali guy buying in Texas (Houston).