Surya Kumar
Help with undestanding of Closing costs
I am going to close my first ever purchase (105k with 20% down payment). Just got a loan estimate from my lender. I have to accept it is more than what I estimated.I actually estimated at 4-5%.I would like to understa...
Mercedes Bryant
Closing Cost Range/Comps Memphis Tn
Hello all I am a new to wholesaling and I have 2 questions, my first question is what is a common range of the closing cost in the Memphis Tn market? My next question is how do I find the comp on older homes? Can I ju...
Quandra Adams
Rolling Closing Costs into FHA Loan
I've read in multiple places that is possible to roll the closing costs into an FHA loan (but can more money). I emailed my lender to ask what that cost might be and I was informed that it's not possible. Well, these ...
Jeff Fairchild
Out of pocket costs before closing
Other than earnest money, what total costs will I have to pay out of pocket before closing?
So I put a property under contract and then open title. I'm guessing I don't have to pay anything to title company up fron...
Lynn Z
wrapping closing costs in sales price
if buyer and seller agree to an increased sales price to assist the buyer with his closing costs, doesn't the seller wind up paying more capital gains on the increase? Is this something that benefits only the buyer?...
N/A N/A
Cost to Close from a Broker?
I used MoneyTree and it looks like I had to pay:
395 for Loan Origination Fee
595 for Processing Fee
I'm not what else on the sheet MoneyTree is a direct/indirect recepient of but is that considered high or normal? ...
Me Chan
What % is the closing costs typically?
On a conventional loan no insurance and no taxes.
It has been a long time since I dealt with anything but HELOCs and they have no closing costs.
Thomas Blaine
Pro Rated Taxes - Closing Costs Question
So I closed on a house today and it reminded me that there has been a question bugging me lately.
Should I calculate pro rated taxes paid at closing as a acquisition cost or part of my yearly expense?
This is a S...
John Morgan
Closing costs on sale by owner
I’m buying a house from someone I know doing a “for sale by owner” deal off market. What’s an approximate guess on our closing costs for this? It will be a cash deal. He doesn’t want to pay a cent of it. I’m getting i...
Tuan L.
Typical seller closing cost near Chicago
Hi BP community,Excluding the realtor commission, what is a typical closing cost for a 2,500 square feet house near Chicago (near Joliet to be specific)? I read on a website and it mentions Real Estate Tax Prorations:...