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Can you guys fill me in on who typically pays closing costs? Does the seller or the buyer??
We recently put an offer on a home and in our area its typical for the seller to pay, but the seller actually came back and said that they wanted the buyer to...
Started by pinksparkle on
, 7 posts
by 6 people.
Answer Snippets (Read the full thread at thenest):
I paid the closing costs on my first I paid the closing....
It's up to them.
The buyers include what they want in their offer and the sellers can accept it or reject it .
But it's not expected.
Of the buyer's closing costs.
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What are the expected closing costs on a house? We received two CMAs on our property and one realtor said we should expect to pay 3% of the closing costs (about $9000), while another Quote: d us $4000. How is this value determined and should we be prepared...
Started by RobM on
, 4 posts
by 4 people.
Answer Snippets (Read the full thread at trulia):
With all the new construction that is paying closing cost, in order to be competative you will be asked to pay some or even all of those closing....
ANSWER Rob, in our market, it is very standard to pay buyer closing costs.
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I purchased a home last year and part of the closing costs included property tax to the sellers and mortgage interest for the remaining days until the end of the month.
Are these already included on my 1098 from the mortgage bank?
If not, how do I itemize...
Started by PugTails3602 on
, 4 posts
by 3 people.
Answer Snippets (Read the full thread at thenest):
I also don't know how to do it on Turbo Tax, since I just do ours by hand .
I hope I did it right! Typically the interest would not be included on the 1098 that on closing docs.
As "closing costs".
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We have been on the house hunt for about a month. We recently put in an offer on a house in Olympia for 243,000. Our agent says closing costs are going to be around 8-10K, which seems very high to us. Is this typical for this area?
Started by anichka on
, 4 posts
by 4 people.
Answer Snippets (Read the full thread at city-data):
Mine was paid by....
Total 'actual closing costs to buyer' on $250k will be probably...
Our agent says closing costs are going to be around 8-10K, which seems very a title company for a precise estimate.
In Olympia for 243,000.
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My husband and I are hoping to purchase our first home in 2012. We've done a good job saving up some cash, but need a real number to shoot for. I've seen so many posts about "closing costs are lots of money", but people rarely break it down into dollars...
Started by MrsEarnest on
, 7 posts
by 7 people.
Answer Snippets (Read the full thread at redfin):
Here are some a percentage of the transaction....
Or perhaps look at on-line mortgage companies and see what they say program and other details will affect the closing costs.Some costs vary by the provider.
Your closing costs will be.
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Radio Post subject: Re: Closing Costs Posted: Sat Jan 28, 2012 2:03 am Creeksider
Joined: Tue Oct 12, 2010 11:16 pm
Posts: 415
Location: GTA Quote: : Hi everyone,
I was wondering if anyone could share the approx of the closing costs. Did mattamy have ...
Answer Snippets (Read the full thread at freeforums):
Not 100% if there were any additional levies that....
Good show.
Yes, you're right we got it capped at $1000, it's been so long since we purchased I forgot .
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I know it is hard to get a real good handle on closing costs and everything prior to making and offer and discussing money in general.. But I am looking for some hypothetical and personal experiences to help ease my mind.. I did some searching and read...
Started by rckstrscott on
, 7 posts
by 3 people.
Answer Snippets (Read the full thread at myfico):
As a buyer, you have to pay the down payment out of your own funds... .
When speaking of closing costs, does that include closing costs and other expenses due at closing.
Thanks StartingOver.
In which you make your offer.
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Been a while since we purchased a deeded time-share on Kauai.
I've been given an estimate of $800-900 for closing which seems excessive.
Anyone recently closed on an Hawaiian time-share?
Mahalo,
Sterling
Started by Kauai Kid on
, 9 posts
by 6 people.
Answer Snippets (Read the full thread at tugbbs):
The total of all the closing costs would....
Mahalo to y'all: Looks like the closing costs are actually more to by a P@P week last summer, but DRI ended up buying it back.
The closing costs would have been $821.63.
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Hi
I currently have two contracts in with Disney for ROFR. Assuming all goes well and they pass, do I pay the 2011 Maintenance Fees at closing? I don't have a US bank account at the moment, although my intention is to open one in the summer, so paying...
Started by pchivvy on
, 6 posts
by 5 people.
Answer Snippets (Read the full thread at mouseowners):
2012 can/will be paid at....
2012 can/will be paid at closing as they are due now.
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What is your outstanding balance on the loan currently? it sounds like they are just rolling the costs into the loan. Also, what did your home appraise for? you want to make sure you are below that 80LTV so you don't have to pay any kind of PMI.
Started by tiger0 on
, 9 posts
by 7 people.
Answer Snippets (Read the full thread at slickdeals):
Closing....
At that rate is the new loan balance close to the current balance, or are they rolling the costs into the new loan amount? Be careful when a telemarketer says "no closing costs" as there are ALWAYS costs.
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