Harvey F asked:


30 year fixed

Kylie

justaskme asked:


My husband & I bought our house in July 2006. We got a bill yesterday stating that we owe taxes from 2007 & 2006. I thought that when we bought our house that we had paid our taxes up until this year (part of our closing cost) Aren’t you required to pre-pay your home owners insurance & taxes for 1 year when you buy a house?

We live in Michigan & had a private party sales transaction (we bought our house from my cousin)

Melanie

mattv6603 asked:


I’m an understanding person. If its 500-1000 more it is in the boundaries of a “Good Faith Estimate” However, what happens if it changes 3,000 bucks? Is there something that protects the buyer in that type of situation? I think that is stretching the lines of “Good Faith”. I feel like I’m being mislead and taken advantage of… Any thoughts or ideas would be appreciated! Thanks in advance.

Joseph

Ellez asked:


The property is owned by the bank. Can I ask them to pay for the closing cost?

Javier

Nelson asked:


I want to pay full closing cost. How do I calculate it? For example if I want to sell my home for $500,000?
is there a formula i can use?

Mikayla

booby asked:


I am looking at a roughly 300k mortgage.. about how much should I expect to pay in closing costs?

Aidan

avatar asked:


Is there any range for the points. Are there any closing costs with 0 points? If the seller covers the closing cost, should I really care about the points? For a 450k home, should I choose low points or low interest rate?

Sophia

leas625 asked:


I am purchasing a HUD home with an FHA loan. My rate lock expired five days ago, but I have the option of purchasing a rate lock extension for a fee of 1 percent of the price of the home. Does FHA consider this rate lock extension fee an allowable closing cost?

Thomas

shadow342 asked:


What is the average cost of closing costs on a conventional with Wells fargo in California?
Can this be negotiated?

Aniya

david g asked:


I have sold my current home; I have yet to close. I had to spend a lot of money on improvements. i now am in a cash crunch as far as purchasing a new home. I have good credit and can get a 100% loan. My question really involves how much it will cost me to use a realtor and what and how much i need to pay at closing on a home purchase. I know I can possibly negoitate on the seller paying ,my closing cost, but if I don’t do this how much would I have to pay.

Ian