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When do you get an estimate on closing costs?

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carissa1643
I LOVE my sons! :)

Member since 5/09

5283 total posts

Name:
Carissa

When do you get an estimate on closing costs?

Is it when you get pre-approved or when youre in contract? I have no idea. But we need to know an estimate so we can use that in our negotiation for a sellers concession.

Posted 6/21/11 1:59 PM
 
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Deeluvsvinny
DONE

Member since 10/08

4952 total posts

Name:
Whatever

Re: When do you get an estimate on closing costs?

We usually give them (if they are requested) when we give a pre-approval letter. You can also speak to your attorney to get an estimate and then just ask the banker what typical bank closing costs are.

Posted 6/21/11 2:39 PM
 

-Lisa-
---------------

Member since 5/05

6530 total posts

Name:
Lisa

Re: When do you get an estimate on closing costs?

when you know the loan amount/purchase price.

But it depends on the lender, some won't provide them until you're in contract.

Posted 6/21/11 2:51 PM
 

CookieMomster
Golden

Member since 5/09

6414 total posts

Name:
Me

Re: When do you get an estimate on closing costs?

Call your mortgage person and tell them you want an estimate!!! We got one when we were preapproved.

Posted 6/21/11 3:04 PM
 

carissa1643
I LOVE my sons! :)

Member since 5/09

5283 total posts

Name:
Carissa

Re: When do you get an estimate on closing costs?

Posted by CookieMomster

Call your mortgage person and tell them you want an estimate!!! We got one when we were preapproved.



Thanks everyone! And thanks Tiffany, I know you used Gerard from Continental, we're using him also. If you have any other info you can give me since you just went through this whole process I would be very grateful! Chat Icon

Posted 6/21/11 3:26 PM
 
 

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