Home Buying in Palatka>Question Details

Efulcher, Home Buyer in Hubert, NC

what are a seller's cost at closing?

Asked by Efulcher, Hubert, NC Mon Oct 8, 2012

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Seller generally pays the Doc Stamps on the deed .007 x sales price and the Owner's Title Policy which as a Mortgage Broker, I use a .0055 calculation.

However, educated buyers purchasing with less than 30% down who are somewhat financially savy will do this:
http://www.trulia.com/blog/steve_31/2012/05/why_structure_th…


Steve McRory

Pro Option Mortgage

steve@pro-option.com

http://www.pro-option.com


Ph: 888 662 4404
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0 votes Thank Flag Link Tue Oct 9, 2012
It would depend on the title company that you use. You would have to contact someone and get a preliminary HUD which will give you a good idea depending on your sale price. Rennet Vogel mangler & Rodriguez 305 375-6591
0 votes Thank Flag Link Mon Oct 8, 2012
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