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Closing fees

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Harredy
LIF Zygote

Member since 10/08

13 total posts

Name:

Closing fees

Does anyone know if any of the closing fees are negotiable? Thanks

Posted 5/13/10 5:23 PM
 
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JennZ
MY LIFE!!

Member since 8/05

25463 total posts

Name:

Re: Closing fees

I think it has to do with what you put down. Ours was around $12,000

Posted 5/13/10 6:39 PM
 

2BEANS
wow time is going fast.

Member since 9/07

16106 total posts

Name:
Tina

Re: Closing fees

Posted by JennZ

I think it has to do with what you put down. Ours was around $12,000



exactly depends the percentage of cost of house you put down. Only options you have are to pay it or roll it into your mortgage.

Posted 5/13/10 8:34 PM
 

Law Office of Wendi A. Lindsey
LIFamilies Business

Member since 5/09

42 total posts

Name:

Re: Closing fees

Generally, closing fees are not negotiable. You may be able to get the lender to waive an application fee or processing fee, but unlikely. What you can do is shop around for a mortgage and choose the mortgage with the lowest APR. Your attorney should choose a title company whose search and recording fees are reasonable (title premiums are the same no matter what company you use). Good luck!

Posted 5/14/10 12:18 PM
 

SchizoBride09
LIF Adult

Member since 4/08

1210 total posts

Name:
M

Re: Closing fees

I've heard between 12-16k

Posted 5/14/10 12:29 PM
 

MrsFrizzle
<3

Member since 9/09

4628 total posts

Name:
Kristin

Re: Closing fees

Not really, you can negotiate how much you put down but that's about as much leeway as you have

Posted 5/14/10 2:35 PM
 
 

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