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FOr those who have purchased a Home

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secretbabymaker
I love my kids

Member since 12/06

2503 total posts

Name:

FOr those who have purchased a Home

How much were closing costs for you, I was told they would be around 14k is this normal?

Posted 3/7/07 6:21 AM
 
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Gertyrae
Peace out Homies!

Member since 5/05

20046 total posts

Name:
Gerty ®

Re: FOr those who have purchased a Home

It depends on the price of the house. Our house was 300K and our closing costs were 12K.
HTH.

Posted 3/7/07 6:23 AM
 

secretbabymaker
I love my kids

Member since 12/06

2503 total posts

Name:

Re: FOr those who have purchased a Home

ok our pur price is 440K

Posted 3/7/07 6:27 AM
 

MrsFlatbread
Skinny jeans are in my future

Member since 6/06

10258 total posts

Name:
Baby Momma

Re: FOr those who have purchased a Home

ours were $16,000

Posted 3/7/07 6:42 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: FOr those who have purchased a Home

ours were $14K Chat Icon 6 months of property taxes killed us, especially since they didnt have STAR

eta: ours were only $14K, not $18K. and 6 mo's of taxes was $4K.

Message edited 3/7/2007 9:07:16 AM.

Posted 3/7/07 8:46 AM
 

sunnyplus3
:)

Member since 11/05

8749 total posts

Name:

Re: FOr those who have purchased a Home

alot depends on the taxes too.
Ours were 11k but our house was much less than yours.

Posted 3/7/07 8:55 AM
 

angnick
Life is So Wonderful!

Member since 8/06

6663 total posts

Name:
Angela

Re: FOr those who have purchased a Home

ours were almost 15k and our purchase price was 465k.

we had to prepay almost 6 months in taxes though that is why
!

Posted 3/7/07 8:59 AM
 

MrsSquitty
Family of 6

Member since 10/06

3251 total posts

Name:
Nicole

Re: FOr those who have purchased a Home

$16,000Chat Icon

Posted 3/7/07 9:52 AM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: FOr those who have purchased a Home

I paid about $12K.

Posted 3/7/07 9:52 AM
 

MrsBlueSash
Love my sailor

Member since 6/05

5793 total posts

Name:
Christian

Re: FOr those who have purchased a Home

That sounds about right for a house about 350 or so...

Posted 3/7/07 10:18 AM
 

CityNYGirl
My everything!!!!!

Member since 5/05

2324 total posts

Name:
Betty

Re: FOr those who have purchased a Home

$21KChat Icon Chat Icon Chat Icon

It all depends on different things, not just the purchase price...

Posted 3/7/07 10:47 AM
 

Diana1215
Living on a prayer!!!

Member since 10/05

29450 total posts

Name:
Diana

Re: FOr those who have purchased a Home

There are alot of things that factor in when figuring the closing costs.

My house was 500K and our closing costs were about 11K. We were told it would be about 12K and then we got credited some money at the closing table.

Posted 3/7/07 11:05 AM
 

alnem
This is gonna be a good year!

Member since 2/06

9562 total posts

Name:
Emily

Re: FOr those who have purchased a Home

just remember that closing costs can be anywhere between 3%-6% of the agreed on sale price. so for you that's about $13200-$26400...so imagine it'll be somewhere in the middle of that.

Posted 3/7/07 11:50 AM
 

csorisi
My 2 LOVES

Member since 11/05

1984 total posts

Name:
Corinne

Re: FOr those who have purchased a Home

our house was 437 and our closing costs were around $15,000.00 it might have been alittle more because we had to pay may taxes. it is usually about 3-4% of the price of the home. It also depends on what day of the month you close and if you are escrowing for taxes and insurance.

Posted 3/7/07 12:16 PM
 

ODonnell
.

Member since 9/05

5983 total posts

Name:

Re: FOr those who have purchased a Home

My bank said a good guide is to use 3-4% of the amount you are borrowing to get the closing costs.

Ours were 10K in 2005.

Posted 3/7/07 1:11 PM
 

MsMBV
:P

Member since 5/05

28602 total posts

Name:
Me

Re: FOr those who have purchased a Home

12K

Posted 3/7/07 3:45 PM
 
 

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