I am a first time homebuyer i am paying 117500 for a house. What will be my closing costs?

Asked by Vienna, Williamsport, PA Mon Oct 25, 2010

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Tammy Hayes, Agent, Port Charlotte, FL
Tue Oct 26, 2010
These are the typical items charged in a closing

Expenses of Buyer
Attorney Fees (if required)
Recording Deed
Proration of Real Estate Taxes
Proration of Maintenace Fees

If Mortgage is Obtained
Mortgage Title Insurance Policy
Service Fee or Origination Fee
Doc Stamps on Note
Lender's Attorney Fees
Appraisal Fee
Assumption on Existing Mortgage

Tammy Hayes, Sandals Realty, Punta Gorda, FL
Intangible Tax
Recording Mortgage
Credit Report
Escrow Account (Taxes and Insurance)
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Anna M Brocco, Agent, Williston Park, NY
Mon Oct 25, 2010
Ask your agent and or loan officer the question--without many specifics, such as money down, type of loan, etc., not an easy question to answer--your loan officer can give you a good faith estimate of costs.
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Terrence Cha…, Home Owner, Allentown, PA
Mon Oct 25, 2010
You really should ask your real estate agent that question. If you are not working with one now, you should get one. Real estate closing costs can vary depending on price of the property, down payment, insurance costs, lender fees, title insurance, tax certification, etc, etc, etc.
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