Jun
29
I am buying a bank owned property, I was wondering if the bank can over the closing cost?
Filed Under noclosingcostrefinance | 4 Comments
Neela S asked:
The bank is requesting us to take out a 203K load and we have to pay points to get a good Interest rate…and our closing cost is about $17000.We live in NY.
Thank You
I already sign the contract….both seller and buyer signed.
Katherine
The bank is requesting us to take out a 203K load and we have to pay points to get a good Interest rate…and our closing cost is about $17000.We live in NY.
Thank You
I already sign the contract….both seller and buyer signed.
Katherine
Jun
27
if the closing cost is higher than what the mortage and buyer agreed on can they get out of the deal?
Filed Under noclosingcostrefinance | 2 Comments
jacnshell asked:
cause mortage company saying we have to go thru it but the closing cost is higher than was recently told. And mortage company did not let us know until after they summitted the paperwork…now we are suppose to close and we dont have the make up money they need cause they told us a certain amount and now it is higher than we can afford.
John
cause mortage company saying we have to go thru it but the closing cost is higher than was recently told. And mortage company did not let us know until after they summitted the paperwork…now we are suppose to close and we dont have the make up money they need cause they told us a certain amount and now it is higher than we can afford.
John
Jun
18
I need a mortgage for a 55k property. Its a condo. How much closing cost and what cost will I have?
Filed Under noclosingcostrefinance | 4 Comments
hopes2graduate asked:
I have a 640 credit score. I have 5% down. The condo is 55k and it has a termite bond and is in amazing condition. What kind of fees do you think I will have? One mortgage broker told me 3k in fees! What the heck??? Theres no real estate agents involved. How much do yall think my fees should be and intrest? Thanks!
Hayden
I have a 640 credit score. I have 5% down. The condo is 55k and it has a termite bond and is in amazing condition. What kind of fees do you think I will have? One mortgage broker told me 3k in fees! What the heck??? Theres no real estate agents involved. How much do yall think my fees should be and intrest? Thanks!
Hayden
Jun
16
What are closing cost based on?
Filed Under noclosingcostrefinance | 2 Comments
Queen B asked:
Is there a way to guesstimate the amount of closing costs? Is it a standard amount per loan or more like $X per each 50K?
Is there a way to guesstimate the amount of closing costs? Is it a standard amount per loan or more like $X per each 50K?
Any hints would be appreciated.
Samuel
Jun
7
rsf asked:
We live in Texas and want to put our rental home on the market but we don’t have much equity at all. I’m trying to find out what a seller usually pays for in the closing. Does anyone have any suggestions on how to negotiate with buyers? Do you always have to pay closing fees?
Avery
We live in Texas and want to put our rental home on the market but we don’t have much equity at all. I’m trying to find out what a seller usually pays for in the closing. Does anyone have any suggestions on how to negotiate with buyers? Do you always have to pay closing fees?
Avery