How much can I expect to pay in closing costs on a $290k condo?
2007-08-21 12:17:51 · 6 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Average closing is about 3%
2007-08-21 12:43:32 · answer #1 · answered by Pengy 7 · 0⤊ 0⤋
IF using a Local REALTOR ask them. If not the title company will provide you with a closing document on a form called a HUD. It will spell all of the fees out line by line there are about twenty different possible charges and while other yahooers volunteered % I will restrain myself and say it depends on several things. Is there a Real etate commission to be paid? What are the points on the loan? are you buying or selling? What state? Who pays title insurance in your state or on this proeprty? Not such an easy answer, without a few more answers from you. Call the title company they have to knwot he answers but, may not have them for you until right before closing.
2007-08-21 22:13:10 · answer #2 · answered by helprhome 5 · 0⤊ 0⤋
About $8500
2007-08-21 19:24:04 · answer #3 · answered by Mel 4 · 0⤊ 0⤋
Approximately 1-2 % of sale price.
2007-08-21 19:25:39 · answer #4 · answered by Alterfemego 7 · 0⤊ 0⤋
0-3% depending on your credit rating and the complexity of the loan process.
2007-08-21 19:54:46 · answer #5 · answered by labaxter1 1 · 0⤊ 0⤋
about 7% which is $20,300. Damn that is a lot of money...
2007-08-21 19:26:28 · answer #6 · answered by jon 3 · 0⤊ 0⤋