| Posted By |
Message |
seeinstarz
LIF Toddler
Member since 1/08 382 total posts
Name:
|
Good Faith Estimates..
How accurate was your good faith estimate..the banks keep telling me the number they are giving me is based on worst case scenerio with property taxes..Was everyone giving more or less money at closing then originally listed on your GFE?
TIA
|
Posted 9/2/08 6:52 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Jackie24
~We Did it~
Member since 7/06 6718 total posts
Name:
Jackie
|
Re: Good Faith Estimates..
I would like to know this as well!
|
| Posted 9/2/08 8:30 PM |
| |
|
VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
|
Re: Good Faith Estimates..
I have to say, ours was pretty spot on. It changed a little because of how many days interest we had to pay, but for the most part, was pretty accurate.
|
| Posted 9/3/08 8:35 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: Good Faith Estimates..
Mine was almost to the penny! I have heard some can be off. My Mrtg broker did mine and I have to say it was right on the $$.
|
| Posted 9/3/08 8:46 AM |
| |
|
seeinstarz
LIF Toddler
Member since 1/08 382 total posts
Name:
|
Re: Good Faith Estimates..
Did you have to pay 6 months of taxes for escrow?
|
| Posted 9/3/08 9:02 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: Good Faith Estimates..
Posted by seeinstarz
Did you have to pay 6 months of taxes for escrow?
I actually had to pay 8 months. I think it depends on when you close.
|
| Posted 9/3/08 10:07 AM |
| |
|
SpiceGirl
Dream big
Member since 1/06 2486 total posts
Name:
j
|
Re: Good Faith Estimates..
The GFE we received from Wells Fargo almost 100% accurate. We actually ended up getting a few hundred dollars back at closing.
We did not escrow taxses...we pay our taxes 2x a year.
Message edited 9/3/2008 10:23:14 AM.
|
| Posted 9/3/08 10:22 AM |
| |
|
dandr10199
Grace is growing up too fast!
Member since 10/05 11561 total posts
Name:
Dina
|
Re: Good Faith Estimates..
Posted by SpiceGirl
We did not escrow taxses...we pay our taxes 2x a year.
same so ours was accurate.
|
| Posted 9/3/08 10:52 AM |
| |
|
Aries14
Can't plan life...
Member since 8/08 2860 total posts
Name:
|
Re: Good Faith Estimates..
my estimate from Wells Fargo was off by $3,000. But my attorney gave us one that was a lot closer.
|
| Posted 9/3/08 11:44 AM |
| |
|
VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
|
Re: Good Faith Estimates..
Posted by seeinstarz
Did you have to pay 6 months of taxes for escrow?
yes, we did.
|
| Posted 9/3/08 11:49 AM |
| |
|
BlueDiamonds
mommy to 3 boys
Member since 2/07 3885 total posts
Name:
proud mommy
|
Re: Good Faith Estimates..
Posted by VickiC
I have to say, ours was pretty spot on. It changed a little because of how many days interest we had to pay, but for the most part, was pretty accurate.
same here!
we had to escrow 6 months in taxes but my attorney told me to have enough money handy to escrow about 8.
|
| Posted 9/3/08 11:54 AM |
| |
|
qtdimps231
LIF Toddler
Member since 11/07 477 total posts
Name:
Diana
|
Re: Good Faith Estimates..
mine was exact
|
| Posted 9/3/08 12:24 PM |
| |
|
