I was reading over a presentation script that breaks down all the closing costs for the potential seller. A few of the items listed I'm not sure apply to Texas, such as transfer tax, water heater strapping etc. Can so...
I heard on a webinar that closing costs are generally 1-2%, but when I looked it up, San Diego seemed to be much higher (or California at least). What do people usually estimate closing costs to be in San Diego when y...
What are the pros and cons of selecting a lower interest rate but with a higher closing cost?For example:3% with $3500 closing cost2.875% with $4700 closing cost All other terms are equal, which one would you choose a...
I'm curious to see what you all think about asking a seller for closing cost credit if they're selling their house "as-is". Just got the house inspection report and my agent suggested trying to ask for a small credit ...
Good Morning BP,Can anyone help me understand what happened at closing based off the Closing Cost Details and Summaries of Transactions?Closing estimated came to $1783. But ending of being $4599.12. Can you please exp...
Hello everyone!I'm interested in buying a property. The thing is, I don't have the money for the closing costs. I think its a lot to be able to come up with that type of money when you don't have access to it, and you...
Hello everyone! I'm about to buy my first two family home in NJ Bergen County and looking for a mortgage. The loan officer I spoke with sent me a mortgage application (FHA 3.5 % down) to sign. I noticed the closing co...
I've been researching this on BP. Looking at different threads and seeing the responses. I thought I'd gotten a good answer but then I started seeing mixed responses. So I wanted to ask for myself, what are the expect...
In contract to buy a duplex. Really 2 side by side semi-attached SFRs and got a 65% surprise in closing agency fees over estimate - the day after I drop off contracts and escrow check to settlement agent. The title i...
I am currently in the process of purchasing a multifamily, I do not have enough for closing however my realtor explained if we increase the selling price the seller may be willing to cover all closing cost. How shoul...