Home Buying in California>Question Details

Argie, Home Buyer in Los Angeles, CA

How likely is it to get back the balance on a credit for closing costs when buying a foreclosure?

Asked by Argie, Los Angeles, CA Sat Jul 26, 2008

Will we really ever get the balance, given that the beank amendments are so one-sided, that they clhoose the escrow company, which is the same as the title company, etc?

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Answers

1
Read the lender contract carefully. Usually the bank speifies what the closing costs can be used for...and usually states that any unused portion goes to the bank.
Web Reference: http://www.cindihagley.com
0 votes Thank Flag Link Sat Jul 26, 2008
Cindi Hagley…, Real Estate Pro in San Ramon, CA
MVP'08
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