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belladi
LIF Adult
Member since 9/06 1011 total posts
Name:
diana
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Closing Costs on a Co-op
Hi Id like to know if you guys can tell me what the approx closing costs were on a co-op, Im pretty close to buying one in queens
Thanks
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Posted 5/9/07 11:23 AM  |
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kerrycec03
Mom of 2 beautiful boys!!
Member since 6/06 13519 total posts
Name:
Kerry
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Re: Closing Costs on a Co-op
I think it depends more of the purchase price rather than it being a co-op
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| Posted 5/9/07 11:24 AM |
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KvsGrl
Round 2!!
Member since 1/07 1202 total posts
Name:
Samantha
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Re: Closing Costs on a Co-op
Closing costs on a co-op are much less than when purchasing a home because you are not paying property taxes, mortgage tax, mortgage lien, etc. We closed mid-April and our closing costs included the following:
Title Agency - $350
Management Co - $300
Appraisal - $450 (pd prior to close)
Seller - Pro-rata portion of April maintenance
Management Co - May maintenance
You will also pay any points on the mortgage if you have not already pre-paid and your attorneys fees if there are any (although, these are not really closing costs).
HTH!!
Message edited 5/9/2007 11:56:40 AM.
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| Posted 5/9/07 11:55 AM |
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metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
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Re: Closing Costs on a Co-op
I don't remember the exact costs but they are no where near the costs of a house.
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| Posted 5/9/07 12:06 PM |
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belladi
LIF Adult
Member since 9/06 1011 total posts
Name:
diana
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Re: Closing Costs on a Co-op
thanks ladies, someone said about 10k but I thought that was high
The co-op is 180k
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| Posted 5/9/07 1:38 PM |
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antoinette
boy mamma
Member since 5/05 2975 total posts
Name:
Antoinette
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Re: Closing Costs on a Co-op
ours were about 3k
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| Posted 5/9/07 1:40 PM |
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KvsGrl
Round 2!!
Member since 1/07 1202 total posts
Name:
Samantha
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Re: Closing Costs on a Co-op
Posted by belladi
thanks ladies, someone said about 10k but I thought that was high
The co-op is 180k
That is way too high! Our was prob around $2500 (not including 1 pt on our mortgage).
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| Posted 5/9/07 2:06 PM |
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hotelcalie
LIF Adult
Member since 12/05 1392 total posts
Name:
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Re: Closing Costs on a Co-op
Ours was about $3800 (4 years ago).
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| Posted 5/9/07 2:50 PM |
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metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
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Re: Closing Costs on a Co-op
Posted by belladi
thanks ladies, someone said about 10k but I thought that was high
The co-op is 180k
That is very high!
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| Posted 5/10/07 1:46 PM |
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eroxgirl
My Loves
Member since 5/05 15697 total posts
Name:
Rebecca
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Re: Closing Costs on a Co-op
I think ours were between 3k and 4k.
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| Posted 5/10/07 3:03 PM |
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