|
| Posted By |
Message |
dcl08
<3

Member since 4/07 3915 total posts
Name:
|
closing costs...
i am so nervous about buying a house we dont really have debt expect our car loans but i am just so nervous still im trying to figure everything out....how much can we expect to pay for closing costs?
|
Posted 9/8/09 7:59 PM |
| |
|
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
ttcing
LIF Adolescent

Member since 8/09 851 total posts
Name: Mel
|
Re: closing costs...
I think they say 3-5% of the cost of the house. However, I always round up..so when it's time to buy our house...I'm making sure I have 20,000. therefore, when i have money leftover..it will feel good!
|
Posted 9/8/09 8:33 PM |
| |
|
snowflake08
Love my boys!!!

Member since 8/07 5148 total posts
Name: Laura
|
Re: closing costs...
we are in the process now and our quote is estimated to be about 12K; including some prepaid items
|
Posted 9/8/09 9:38 PM |
| |
|
JandJ1224

Member since 6/06 5911 total posts
Name: Jannette
|
Re: closing costs...
I think 3% for closing costs is a good estimate, the killer is the escrow-pre-paid real estate taxes which depending on the taxes could be pretty substantial
|
Posted 9/8/09 9:59 PM |
| |
|
JandJ1224

Member since 6/06 5911 total posts
Name: Jannette
|
Re: closing costs...
If you are working with someone for a mortgage they can prepare an estimate of closing costs so you can see the breakdown, its helpful to give them the taxes on a property that you are interested in
|
Posted 9/8/09 10:00 PM |
| |
|
Potentially Related Topics:
Currently 423096 users on the LIFamilies.com Chat
|