Danemma C asked:


For a new home owner, what are tax deductible, besides 1 point and closing cost………how about downpayment,
how about the fees paid for the inspection of the house, lock changed

Bianca

JR asked:


We are moving to York PA in July and are looking in buying a house. We are looking for a good lender and would like to have a better understanding on closing costs in PA. thanks

Dominic

Daniela G asked:


im looking to buy a foreclosure home for 46,000 but i need to know how much is closing cost and what is included in closing cost?also what other things will i need to pay besides closing cost?this is my first home so whatever info i may need to know please tell me.

Maria

RE-AGENT asked:


I have a contract to buy a new constructed house with a base price of $560K. Add the options and cost end up $582K. Builder to pay $11K towards closing if their own lender, closing, and insurance company will be used. If not, overall cost will be $593K. The lender, during the preliminary pre-qual, had tacked junk fees which I expressed my unwillingness to pay, followed by letter stating the same. She said that it will be visited again when the final settlement date is confirm. Their rate is also a half percent higher compared with others locally. Our credit score is on the 800+. Is it worth to go with this builder lender or find another lender with lower rate and forfeit the builder’s closing assistance? Or does anyone know if this practice (tie-in) is legal in the state of Maryland?

Kyle

ro a asked:


i wanted to use a seller’s concession towards my loan to help cover the closing cost. that will not affect the price of the home. is it possible to put it in the contract with the mortage but technically the price of the home wouldn’t change. The seller will only write it in the contract? and that will pay for the home

Avery