Hi all - I've been shopping around for financing options in Metro-West Boston and stopped into DCU for a general quote and to ask some specific questions. We ran the numbers on a $300,000 purchase, 20% down, non-owner...
Excuse the rookie question as maybe it's obvious, but having only purchased a primary property a couple years ago and under contract to purchase my first investment, looking for some guidance (not expecting a line by ...
I'm planning on doing a seller finance deal. I've never actually closed on a house so bare with me. After getting a home inspection, do I have to pay that party immediately or do I pay that cost on the actual closing ...
What is a reasonable amount for closing costs on an $80000 investment property including prepaid taxes, insurance, etc,? No commissions, but I pay full title expenses.
BP, newbie here. I have been doing a lot of practice deals with the different BP calculators. One thing that gets me and maybe it's not that big of a deal but estimating what the closing costs will be for different de...
When you purchase a property what factors will influence the seller of the property to agree to pay for the closing costs? Could these factors include that the seller is in a rush to sell the property? And that the se...
I have a property under contract using a Fannie Mae Renovation Loan. When doing a soft assessment of the property I originally used 4% of the total cost of the property for closing costs. 2% of that being "transfer ta...
I would calculate the down payment for a FHA loan and think the down payment was too good to be true. Then I realized closing costs range from 3-6% of the loan.
Hi everyone, Currently in the process of trying to buy my first home. I am just curios if anyone has some idea of what bank, CU or mortgage company has the lowest closing cost fees. Currently looking at one that will ...
Do these closing costs seem high to anyoneLoan amount is $131,000 at 7.5% interest with 25% down. ~$11,000in closing costs: 4.4% points ($4,500)$1500 underwriting and processing$700 appraisal and credit report$1300 i...