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Answers (8)
- James Ryan, "GreatRateFolks"
- Contributions:1038
^5's Clay...right?
wow
wow
- Clay Branch, "Georgia Loans"
- Contributions:7838
I got a headache.
- *Frank LLosa J.D., Broker, "FranklyRealty"
- Contributions:1114
Oh ok, my bad. I thought maybe the Owner's portion could be reissued, but I guess maybe it is only for the Lender's portion.
Good catch!
Good catch!
- James Ryan, "GreatRateFolks"
- Contributions:1038
Hi again, Deanna2448,
Obviously, a "re-issue" rate on title is not available for purchase transactions.
Try Timios.com for a free, no obligation closing cost statement. They are great to work with, fast and accurate.
Best wishes, Jim
Obviously, a "re-issue" rate on title is not available for purchase transactions.
Try Timios.com for a free, no obligation closing cost statement. They are great to work with, fast and accurate.
Best wishes, Jim
- *Frank LLosa J.D., Broker, "FranklyRealty"
- Contributions:1114
David, the person asked "If I pay cash" so there are no loan fees.
- David & Marlene Macbeth, "Macbeth Santa Ynez"
- Contributions:56
I find that closing costs for buyers average around 2-3% of the sales price but are dependent on loan fees, escrow fees, and whether or not you have impounds for taxes and insurance, which will vary on the time of the year the transaction closes. Your agent should be able to provide you an estimate of what your fees are. Your agent will be more accurate if they are familiar with the fees your lender charges as that can be a major portion of the costs you pay.
- *Frank LLosa J.D., Broker, "FranklyRealty"
- Contributions:1114
Depends if you are going to buy title insurance. Make sure to get a "reissue rate" if you do. Should be more like 1%, but you should ask a closing company to be more certain.
- James Ryan, "GreatRateFolks"
- Contributions:1038
Hi Deanna2448,
great question, and closing costs are state and even county specific. If you are purchasing in VA, a good round figure is 2-3%.
Best wishes on your new home! Jim, American Bank.
great question, and closing costs are state and even county specific. If you are purchasing in VA, a good round figure is 2-3%.
Best wishes on your new home! Jim, American Bank.
What are the closing costs if I pay cash for a house?
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