Prepaid water/sewerYou might have HOA costs, which are typically 1-3 months of fees and a capital reserve.  

This number consists of your 5% down payment, closing costs (title fees, appraisal), and prepaid (homeowners insurance and property taxes).

This number consists of your 5% down payment, closing costs (title fees, appraisal), and prepaid (homeowners insurance and property taxes).

As the buyer, you will repay any pre-paid city taxes the seller already made, pre-pay insurance, pay any transfer fees or taxes to the city or state, appraisal, title services and insurance, recording fees, transfer taxes, and any loan charges.Seller pays concessions for repairs, rent prorations, security deposits, any property taxes past due to date of closing, any required inspections such as fire inspections, and any final utility bills.

I made a pretty nice 4% commission when I originally bought it and they paid all of my closing cost and rolled my prepaids in.

Closing costs vary based on timing of within the month and the year because its mostly based off of property taxes and interest pre paid.

If they get evicted and you replace them with another tenant when you still have their pre-paid rent, you will have to return (you cannot get paid 2x for 1 month).

Others where the tenant swears they had prepaid a years worth of rent and gave the landlord several thousand dollars in security deposit. 

Locally we only have one municipality that has a landlord-secured utility and it also has a prepaid option, so it is easily offset.I'll be curious to see what comes of this. 

That number does not include any Seller Credit or earnest money that you may put down.Based on the pre-qualification in this email your estimated Pre-Paid Escrows (taxes and insurance) is $2720.09_.YOU ARE ALSO PREAPPROVED FOR 5,OOO DOWNPAYMENT ASSISTANCE.SECOND PREAPPROVAL (CREDIT UNION)Please note the payments below do not include home owners insurance or real estate taxes as we do not offer escrow accounts.100% financing – 1st mortgage $160,000 30 years rate 3.75% payment of $740.98, 2nd mortgage $40,000 10 years rate 6.0% payment of $444.09.3% down payment $ 7500, Purchase price $250,000 1st mortgage $242,500 rate 3.125% payment $1038.81 + $155.60 = $1194.40THIRD PREAPPROVAL (PRIVATE LENDER)GEORGIA DREAMLoan Amount: $245,471.00 Interest Rate: 3.250%Purchase Price: $250,000.00 APR: 4.451%Estimated Value: $250,000.00 LTV/CLTV: 96.500% / 98.500%2nd Mortgage Amount: $5,000.00 Amortization: FixedLoan Term: 360 Months Loan Type: FHATotal Costs $264,261.44 Total Credits $259,471.00Estimated Cash From/To Borrower: $4,790.44Down Payment: $3,750.00FHALoan Amount: $245,471.00 Interest Rate: 2.750%Purchase Price: $250,000.00 APR: 3.890%Estimated Value: $250,000.00 LTV/CLTV: 96.500% / 96.500%2nd Mortgage Amount: $0.00 Amortization: FixedLoan Term: 360 Months Loan Type: FHATotal Costs $263,021.00 Total Credits $255,471.00Estimated Cash From/To Borrower: $7,550.00Down Payment: $8,750.00Thank you