Zillow Advice: Buying Foreclosures - Closing Costs

There are several line items ...

Fri, 05 Jun 2009 16:16:00 GMT

There are several line items included in closing cost. Some are calculated on a percentage basis and there are some that are set fees...for example: appraisal, set fee...credit report, set fee...OUR underwriting fee, set fee...Origination if you chose to pay, percentage fee...title expenses, percentage fee....let me know if I can help you!

Hi, We , as agents, are told ...

Thu, 04 Jun 2009 20:28:00 GMT

Hi,
We , as agents, are told to make it off of the total price, by the lenders, the additional expenses, usually come from the lender the discount points, the lender's fees, then the titile company- who actually insures the title to be "clear" so you actually take the deed without "clouds" on them, usually it runs about three percent unless , the person purchasing has horrible credit and has to have a huge change in rate etc to make the deal go through.

depending on the line item, ...

Sat, 25 Apr 2009 19:01:00 GMT

depending on the line item, both... loan charges are based on your loan ofcourse... title and escrow are based on your sale price... if you are the seller .. commissions based on the sales price.. etc.. speak with your realtor or lender to an exact line item pricing.... good luck