Asked by James Wren, Norristown, PA • Wed Sep 4, 2013
I am selling my condo with an underwater mortgage and will be paying approx 10k at closing. I have stressed to my agent that I need to know how much I need to pay. I am closing on 18 Sept; is it unreasonable or uncustomary to tell the seller how much they owe two weeks prior to closing, especially given the large amount?
I am always met with "that is out of the norm" or "that is not how it happens usually" when I ask these types of questions to him. I would be interested to see what everyone's opinion is on when they would notify their sellers of these costs (and when I say notify, I don't mean a guesstimate but rather the exact amount they will need).
Thank you all in advance for your time and help!
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