But its a pretty broad number including things like inspections, certifications, and fees to get utilities turned on, appraisals in addition to the strict closing costs that appear on the HUD-1.These tend to vary from place to place.

Also, consider that in many parts of the country, higher-end houses (in my area, that would be anything over $500K, but certainly varies area to area) can be VERY difficult to sell in this market.

I read 70-90% of the listing price and it varies from region to region.. therefore a more accurate number will be very helpful..both of the properties have been on market for over a month and both have reduced price once 10%.Many thanks.

This varies by state.

The court cost for probate varies from state to state.

Typical rates vary from area to area.

My REO purchases are averaging about 2-3 weeks these days, and when I push them, I can generally get them done in 7-10 days.It may vary based on area and/or who the prominent closing attorney is, but I'm getting a lot of sellers who are willing to consider serious price concessions if we can close by the end of the month when the properties are going under contract mid-month or later.

In this process, the lender uses an index, and this adjustment varies based on the lender's policies such as the duration of a single adjustment or the amount.

Here again, the change was driven by a change in lending practices, specifically (IMHO, opinions vary) the creation of CMOs (collateralized mortgage obligations).

The reserve requirement can vary widely from lender to lender, but as rule, you should plan on having at least 6 months of PITI above and beyond the down payment.