Their breakdown included the following:BOA fees $1523Third party fees $2728Estimate prepaids and insurance $898Estimated escrow account funds $722After seeing so many homes fly off the market and also not having an offer submitted over others, I may have to be willing to accept less than spectacular offers.

However, last month's rent is not a security deposit, It is prepaid rent.

Prepayment penalty, if prepaid before when?

I'm new to REI and am trying to locate up prepaid legal service that would best fit real estate investment.

Points: 4 d. 6 month interest prepaid: Yes e. 6 month insurance prepaid: Yes f.

Since the insurance is pre-paid for the first year, I only had to deposit 3/12 of the premium (remember, no monthly payment for 30 days that's why it's not 2/12). 4.

To qualify for a cash-out refinance the following parameters provided by Fannie Mae must be met:The new loan amount is not more than the actual documented amount of the borrower's initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points (subject to the maximum LTV, CLTV and HCLTV ratios for the transaction).

If the fee is pre-paid to him without a solid commitment, then I would tend to agree with others.

I'll guess at $1500 closing costs (title ins, recording, pre-paids, insurance, inspections, etc.)

Much or the option price can be financed and all of the option price can be applied to the purchase price, with all payments made being applied.The option, to be a true option needs to stand on its own, any financing is an amount of the option price paid, so if the deal doesn't close there is still an obligation to pay if it was not fully paid.As mentioned above, amounts can be applied to closing costs. less pre paids.