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Hi all!
We are about to get started on the process of buying our first home, and wanted to get some feedback regarding what to expect in terms of closing costs. When you closed, apx what % of the purchase price were your closing costs? (Not including...
Started by dev22 on
, 13 posts
by 11 people.
Answer Snippets (Read the full thread at thenest):
It depends on how much your attorney costs, bank fees, appraisal, inspection between $8k - $10k ....
MrsAxilla: These girls scared the sh!t out of me when are closing costs.
Expected closing cost is 0.6% of loan amount.
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Is there an expert I can hire to review my closing costs? I'd like to make sure the costs are fair and legal.
Answer Snippets (Read the full thread at trulia):
Chris Web Reference....
Seek the counsel of a real estate attorney to determine if your closing costs are fair and reasonable recommendations? Hi, your lender and attorney would be the appropriate people to explain your closing costs.
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Cant afford closing costs as the seller..? What happens if we can not afford closing costs, can they come out of the money at closing. ? What happens if we are $5 to $15k short to pay closing and mortgage at closing?
Answer Snippets (Read the full thread at trulia):
If there is a shortfall on closing costs, you can consider....
If there are noneIf you are currently in contract consult with your attorney .
GladstoneGroupRealty.com Hi, typically your closing costs can come out of the proceeds.
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What are the closing costs the buyer has to pay? I need to know what my closing costs will be for selling a house in mi.
Answer Snippets (Read the full thread at trulia):
Those will run you about 3-6%, depending on....
Then, you have broker commission fees.
Those will run about 2-3% of the price of your home .
As a seller, you will have to pay for some of the transfer taxes, recording fees, escrow fees, and title insurance .
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Closing Costs question in Philadelphia Each mortgage company has given me estimates on closing costs. What closing costs are mandatory regardless of which company i go with.
Answer Snippets (Read the full thread at trulia):
Well, there is the Lovley Phila 2% Transfer Tax ( 1% in Bucks County ), Title Insurance Should be a Must, recordeing of the deed in Phila, pro rated Taxes, Home Owners Ins ( if you have a Mtg ), Appraisal ( If you have a Mtg ), Doc Prep Fee (If you have... .
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Is realtors commission affected by who pays closing costs?
Answer Snippets (Read the full thread at trulia):
For instance, with a Sale price of $400,000 but $5,000 paid to the buyers for closing costs, whether it is closing costs, mortgage payments, yard service, etc does not effect the commission of the offer less ....
Negotiations.
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How much are the closing costs for a cash purchase?
Answer Snippets (Read the full thread at trulia):
Of the price ....
The title company that does the closing can also work up a HUD1 in advance which will cover all closing costs.
A buyers closing cost worksheet which would approximate the cost of closing.
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If you have a cash buyer, are the closing costs less?
Answer Snippets (Read the full thread at trulia):
There is no cost associated with a mortgage: no preparation of the mortgage, no mortgage recording.
Tom Burris.
Transferring title has costs too But with no loan, less costs.
Loans have costs.
Yes....
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Seller contribution to buyer closing costs Where can I find statistics for at least the last 5 years showing the seller contributing to the buyers closing costs and how much they contributed?
Answer Snippets (Read the full thread at trulia):
There is no statistics of such to my knowledge how ever sellers use the closing cost as negotiation tool....
If you're moving up you can always ask for closing costs.
Time buyers) do need help with closing costs.
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Unimproved land sale, who pays closing costs
Answer Snippets (Read the full thread at trulia):
HI jblattel, please see my answer regarding this with your other question! Jim .
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