Invalid topic.
| Posted By |
Message |
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
For those that closed already
How much approx was the amount you had to pay to the Title Co.?
We are closing today and I was told $6400 
|
Posted 10/4/07 9:11 AM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
JldDolphin
Member since 1/07 6929 total posts
Name:
Jen
|
Re: For those that closed already
 I don't remember our amount, but I don't remember it being that high.
|
| Posted 10/4/07 9:40 AM |
| |
|
SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
|
Re: For those that closed already
Posted by JldDolphin
I don't remember our amount, but I don't remember it being that high.
me either... that would have been almost half our closing costs....
|
| Posted 10/4/07 9:55 AM |
| |
|
Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
|
Re: For those that closed already
Posted by SweetTooth
Posted by JldDolphin
I don't remember our amount, but I don't remember it being that high.
me either... that would have been almost half our closing costs....
That would have been more than half our closing costs!
I will have to take a look... but I can't imagine that a title search / title insurance / and the title closer's appearance fee would be over $6k!
|
| Posted 10/4/07 9:58 AM |
| |
|
Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
|
Re: For those that closed already
Posted by Mrs-D-Girl
How much approx was the amount you had to pay to the Title Co.?
We are closing today and I was told $6400
They will give you a breakdown of all the closing costs at the closing... What are your total costs? (if you don't mind sharing...)
Our biggest expense was mortgage tax, I think... but we didn't escrow. (If we had, it would have been the escrow amount)
Are you SURE that amount doesn't include the next round of taxes that are due?  (shot in the dark)
|
| Posted 10/4/07 10:00 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: For those that closed already
I am on the phone now with them, something is not right 
On my GFE: There is a charge for City/County Tax/Stamps Nassau/Suffolk for $2,946, does that sound right?
Message edited 10/4/2007 10:08:05 AM.
|
| Posted 10/4/07 10:05 AM |
| |
|
Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
|
Re: For those that closed already
Posted by Mrs-D-Girl
I am on the phone now with them, something is not right
Good luck!! I hope you get it all sorted out. I'd also ask your lawyer about this. Didn't he or she order the title???
|
| Posted 10/4/07 10:06 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: For those that closed already
Posted by Kara
Posted by Mrs-D-Girl
I am on the phone now with them, something is not right
Good luck!! I hope you get it all sorted out. I'd also ask your lawyer about this. Didn't he or she order the title???
Yeah my Lawyer did. I have the GFE and it is actually adding up to that amount, but seems high
|
| Posted 10/4/07 10:10 AM |
| |
|
Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
|
Re: For those that closed already
Then it might be right... What is the breakdown of fees to the title company? Could it possibly include taxes you have to reimburse the seller for?
|
| Posted 10/4/07 10:18 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: For those that closed already
Posted by Kara
Then it might be right... What is the breakdown of fees to the title company? Could it possibly include taxes you have to reimburse the seller for?
It's Possible, I guess. Looking at the GFE, the big charges:
Owners Coverage Title Ins - $2,365
City/County Tax Stamps - $2,946
Attorney Fee - $700
There are other fees as well, but those are the bigger ones.
|
| Posted 10/4/07 10:29 AM |
| |
|
Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
|
Re: For those that closed already
Ah, it included the mortgage tax!
That makes sense! 
|
| Posted 10/4/07 10:35 AM |
| |
|
Mrs-D-Girl
Love my fur baby
Member since 8/07 5183 total posts
Name:
|
Re: For those that closed already
Posted by Kara
Ah, it included the mortgage tax!
That makes sense!
Ok, thank you 
|
| Posted 10/4/07 10:37 AM |
| |
|
Kara
Now Zagat Rated!
Member since 3/07 13217 total posts
Name:
They call me "Tater Salad"
|
Re: For those that closed already
You're welcome!
Congratulations and good luck at the closing!! 
|
| Posted 10/4/07 10:37 AM |
| |
|
shiv
Twinsanity!!
Member since 5/07 4747 total posts
Name:
Shiv
|
Re: For those that closed already
yeah, it includes your mortgage tax. we just closed last week and paid the title comp. over $8K, including the tax
|
| Posted 10/4/07 1:53 PM |
| |
|
SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
|
Re: For those that closed already
oh yeah, mortgage tax is a killer!
|
| Posted 10/4/07 4:03 PM |
| |
|
