LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

stupid question re: closing costs

Posted By Message

saraH
happy birthday sweet kate!

Member since 5/05

16555 total posts

Name:
I know that God exsists, I held her in my arms...

stupid question re: closing costs

does that get added to your mortgage or is that something you pay out of pocket at the last meeting?

Posted 6/12/07 1:09 PM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: stupid question re: closing costs

you can do it either way

you can get a sellers consession to cover the cost

you can put down less of the down payment and pay out of pocket

Posted 6/12/07 1:11 PM
 

VickiC
Rocking the party

Member since 5/05

4937 total posts

Name:
Vicki

Re: stupid question re: closing costs

Yes to both I believe.

You can roll closing costs into your mortgage - which is called a seller's concession.

Or you could pay closing costs at the closing with a bank check.

Posted 6/12/07 1:11 PM
 

saraH
happy birthday sweet kate!

Member since 5/05

16555 total posts

Name:
I know that God exsists, I held her in my arms...

Re: stupid question re: closing costs

thanks. I wasn't sure how that worked.

Posted 6/12/07 1:14 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
Another closing costs question MSeid 2/1/07 9 Home
GFE -closing costs question betty 1/17/07 11 Home
question-if you decide to put your closing costs into your mortgage, raken40 5/24/05 0 Home
closing question and walk through question? nancygrace 1/6/07 3 Home
CLOSING COSTS-UPDATE ON BOTTOM LIBOUND 12/3/05 28 Home
refinancing closing costs.... bluegrl24NY 6/16/05 7 Home
 
Quick navigation:   
Currently 884614 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows