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closing costs...

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dcl08
<3

Member since 4/07

3915 total posts

Name:

closing costs...

i am so nervous about buying a house Chat Icon 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
 
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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
 
 

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We're closing on Monday! And we just got our closing costs! PotofLuck06 1/26/07 34 Home
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