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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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extra $$$ at closing!!!!!!!!!!!
the lender wants an extra $2499.63 for our closing tomorrow!!!????
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Posted 3/29/07 10:35 AM  |
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Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: extra $$$ at closing!!!!!!!!!!!
for what?
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| Posted 3/29/07 10:37 AM |
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iwed2005
LIF Adult
Member since 3/06 1389 total posts
Name:
Julie
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Re: extra $$$ at closing!!!!!!!!!!!
why????
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| Posted 3/29/07 10:37 AM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: extra $$$ at closing!!!!!!!!!!!
for what? they can't just charge you something without telling you what its for!
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| Posted 3/29/07 10:38 AM |
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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Re: extra $$$ at closing!!!!!!!!!!!
dh just text me stating this. i still don't have the full picture. this is crazy!!!
can they get away with this?
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| Posted 3/29/07 10:43 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: extra $$$ at closing!!!!!!!!!!!
there has to be a reason. Get to the bottom of it. Maybe they didn't calculate some right and now they noticed the error. Could be that they didn't calculate the taxes or mortgage tax. Just get a good explanation.
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| Posted 3/29/07 10:45 AM |
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: extra $$$ at closing!!!!!!!!!!!
its gotta be because of the taxes. Double check this!!
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| Posted 3/29/07 10:49 AM |
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antoinette
boy mamma
Member since 5/05 2975 total posts
Name:
Antoinette
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Re: extra $$$ at closing!!!!!!!!!!!
this happen to us too and it was a miscalculation. We wound up getting more money back at closing then we thought in the end.
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| Posted 3/29/07 11:07 AM |
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lorich
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Member since 6/05 9987 total posts
Name:
Grammie says "Lora Gina"
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Re: extra $$$ at closing!!!!!!!!!!!
$$$#'s get thrown around a lot. I think we got our final estimate the day before. DH got a check the morning of the closing.
Then at the closing we ended up owing an extra $150.
Regardless what they say today...bring your checkbook tomorrow.
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| Posted 3/29/07 11:10 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: extra $$$ at closing!!!!!!!!!!!
we got our final number that morning - and it was about $2K more than I excpected -
and we ended up overpaying by $1,500
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| Posted 3/29/07 11:11 AM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name:
Betsy
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Re: extra $$$ at closing!!!!!!!!!!!
We had to pay for the oil in the tank, an extra $300 or something at closing. Bring your check book, but for the amt you're stating, it sounds like taxes.
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| Posted 3/29/07 11:12 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: extra $$$ at closing!!!!!!!!!!!
Posted by PotofLuck06
We had to pay for the oil in the tank, an extra $300 or something at closing. Bring your check book, but for the amt you're stating, it sounds like taxes.
it probably is taxes.
since we closed 12/22, and the tax bill was due 12/1 - the title co wasnt sure if it was paid or not, so we had to pay for the 6 monts upfront, and then the sellers had to pay US back for the 22 days. so stupid.
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| Posted 3/29/07 11:15 AM |
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Libragal07
Loving Summer.....
Member since 8/06 6636 total posts
Name:
Samantha aka Sammy Bones
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Re: extra $$$ at closing!!!!!!!!!!!
Posted by libby2595
the lender wants an extra $2499.63 for our closing tomorrow!!!????
there are a lot of reasons.. taxes, title fees, mortgage tax, ask for a copy of the Prelim HUD before closing!!!!
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| Posted 3/29/07 11:16 AM |
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MSeid
LIF Adolescent
Member since 11/05 805 total posts
Name:
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Re: extra $$$ at closing!!!!!!!!!!!
Call your attorney. They should have been able to foresee this.
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| Posted 3/29/07 11:23 AM |
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2girlsforme
LIF Adult
Member since 8/06 3071 total posts
Name:
XXXXXXXXX
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Re: extra $$$ at closing!!!!!!!!!!!
This time of year, I bet its taxes. Just get a clear explanation.
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| Posted 3/29/07 11:26 AM |
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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Re: extra $$$ at closing!!!!!!!!!!!
thank you all.
i do have "mad" money... about $2300, so i know we have it.
dh drives me crazy with text messages like that.
i'm going to have to restrict his text priviliges 
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| Posted 3/29/07 11:30 AM |
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