Real estate blog entries tagged with good faith estimate by HomeBuyer Experts

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Home : Blogs : Chris Whitehead : Chris Whitehead's Blog : Tag "good faith estimate"

good faith estimate: 25 Biggest Mistakes - Mistake #9 - Forgetting about closing costs - 03/30/09 09:35 PM

Be aware of the costs associated with purchasing a home!
Think it's bad to pay tax when you eat out? Wait until you're paying closing costs, which can run 2 to 7 percent of the home's purchase price.
A mortgage lender should provide you with a good faith estimate of what costs will be. Keep in mind that it should include such things as origination (points) on a loan, escrow fees, title and homeowners insurance, legal costs, property taxes, fees to record your deed and notary fees.
Too many people come out from closing in shock, and they don't have too.
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Bath, OH

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