Closing Costs

Real estate closing costs can quickly add up for the buyer and the seller. Closing costs can include the cost of the land survey, broker’s fees, taxes, attorney’s fees, utility fees, homeowners association fees and inspection fees. The list can be much longer and the amount of the costs will vary widely. Get more information here about various closing costs and real estate transactions.

Home Closing Costs Every Buyer and Seller Should Expect to Pay

Home closing costs can be a huge headache, but if buyers and sellers know about how much they should expect to pay it’s much easier to plan ahead. There are many types of closing costs, and not all of them …

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Home Closing Tips: Real Estate Minute with Ilyce Glink

During your home closing keep a copy of mortgage lender’s good faith estimate handy. For home closing tips, check out today’s Real Estate Minute.  Whether you’re buying or selling, you must keep a paper trail of the transaction, or you …

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Using a Real Estate Closing Attorney

Using a real estate closing attorney is required by some states, but you should still consider purchasing an owner’s title insurance policy to protect yourself. Q: I wrote to you earlier regarding a suit to partition elicited by the co-owners of …

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Removing Property Liens: Problems With Home Closing

Removing property liens can present a big problem when closing a home.  Do your research to see if you will be responsible for paying off the lien. Q: I found your website online and need your advice. I purchased a …

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Close Credit Cards Before Buying Home?

If a lender asks you to close credit cards before buying a home, find out why and how closing credit cards will impact your credit score. Q: I got your name while doing a search on the Internet and I …

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What to Do When Closing Cost Credit is Reduced

Closing cost credit can be reduced by a closing agent depending on the amount the lender allows. Understand what counts as a closing cost. Q:   It is a second home for us and was considered an investment property although …

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Closing Costs Influence Decision To Refinance Office Condominium

Closing Costs Influence Decision To Refinance Office Condominium. If the costs outweigh the savings, refinancing is not the right option. Q: I listen to you when I come home from church each Sunday. I enjoy your radio show. I have …

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Money For Closing and Closing Costs

You need money for your closing and the closing costs and you usually have to send that money to the closing via a bank wire transfer. Q: I am buying my first home and I’m wondering how I actually pay …

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Which Closing Costs Are Tax Deductible?

Q: Last summer we refinanced our farm home. Line 103 of the settlement statement indicated that we had settlement charges of about $4,000. A month or so later, we listed the property for sale and it closed at the end …

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Closing Cost Estimate Needed By Lender For Short Sale

Whether you are the listing agent or the homeowner, a closing cost estimate needed by lender for short sale. A bank asset manager will often be unable to give an approval without the closing cost estimate needed by lender for short sale. Mortgage lenders today are required to come pretty close to the closing cost estimate needed by lender for short sale.

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