Mike D.
first time buyer - closing costs
I am looking into purchasing my first property, an owner occupied duplex. I got pre-approved with Wells Fargo and I was given this "Approximate Loan Cost Illustration". Being my first purchase, I don't have anything ...
Diana Tian
closing cost in New Jersey
I am buying my first investment property ($440K) and received a GFE page from my lender. It shows Title services and lender's title insurance $2200 and owner's title insurance $2200. Compared to what i paid for my pri...
Michael Askew
How to calculate closing cost?
Hi guys I am a new wholesaler and I am about to close on my first wholesale deal. I am preparing to send over a contract to the seller to sign but I am not sure how much the closing cost should be. How do I found out ...
Brandon G.
List Of Closing Costs (Texas)
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...
Mary Ainsworth
Closing costs in San Diego?
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...
Vicky Liu
Interest rate vs closing costs
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...
Melissa Guevara
Asking for Closing Cost Credit
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 ...
Juan Ayala
Closing Cost: Summaries of Transactions
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...
Brandon Gamblin
Lenders that cover closing costs?
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...
Ergys Cavo
FHA 3.5% down Closing Costs
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...