Closing Costs? Oh really? I think not!

Real Estate Agent with Rix Realty - Advantage Team Realtors

So I had a little close, you know the kind where the seller is out of state and buyer closes separately. It wasn't enough that my seller was gracious enough to pick up the tab on some closing costs, but later to find that there was actually some closing costs dollars not quite exhausted from agreed amount. Well certainly no harm there for my seller! All is good to close, home inspection complete, agreed no home warranty provided by seller. However, at close, literally, and mind you it was a separate overnighted to seller, one of those last minute HUD's, the selling agent decides that since there were dollars left from the agreed closing cost/prepaid amount, it would be okay to add a home warranty AND have my seller pick up a portion of the inspectors fee!  Needless to say that did not fly with me. We had a new HUD drawn up, and a credit issued to my seller, and new docs overnighted. So, I would recommend that if you have one of those handy little seller to pay blah,blah,blah, it might be a good idea for your fiduciary responsibility to your seller to get a quote/GFE from their lender of what said fees are with that pre-qual letter. Just a thought! Happy selling.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Arkansas Garland County Hot Springs Quapaw-prospect Historic District
Anything Arkansas
closing costs
sellers agent
hot springs
chris rix

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Chris Rix

Ask me a question
Spam prevention

Additional Information