我准备签一个合同买一个小房子。房价 $75000 ， cash offer.
但是，刚才我的agent给我一个closing cost 的估价，让我吃一惊， closing cost is almost $2509 for this small house! 我是用现金买的呀. 请问大家这样的charge 有道理吗。我在dallas
Title insurance $674
$Credit report $65
Flood Certificate: $40
Recording fees: $50
Underwriting fee:$200
Coldwell banker flat fee: $250
Messenger charge: $30
appraisal fee : $350
Doc Prep fee/ Attoney: $200
Settlement fee: $250
Tax Services fee: $75
Survey: $325
Total cost: $2509
Answer 1:
"cash offer"
Title insurance $674
>Normally the seller should pay for this.
$Credit report $65
>BS. no finance, no credit report.
Flood Certificate: $40
>Fair
Recording fees: $50
>Fair
Underwriting fee:$200
>Not sure what this is related to. If it's related to title insurance, should be paid by seller. If related to loan, should be $0.
Coldwell banker flat fee: $250
>I'd consider this BS. Is the settlement agency also called Coldwell Banker?
Messenger charge: $30
>Fair
appraisal fee : $350
>Did you pay this already? If not, fair.
Doc Prep fee/ Attoney: $200
>Fair. Though you didn't use a lawyer, some legal guy still has to prepare the docs.
Settlement fee: $250
>Kind of high, may ask for a discount/reduction. Just ask.
Tax Services fee: $75
>High.
Survey: $325
>Did you get a survey? For rental, many people skip this.
Total cost: $2509
All in all, the title insurance and coldwell banker flat fee seem the worst offender. Please, the big shrimps chip in.
Answer 2:
但是，刚才我的agent给我一个closing cost 的估价，让我吃一惊， closing cost is almost $2509 for this small house! 我是用现金买的呀. 请问大家这样的charge 有道理吗。我在dallas
Title insurance $674
$Credit report $65
Flood Certificate: $40
Recording fees: $50
Underwriting fee:$200
Coldwell banker flat fee: $250
Messenger charge: $30
appraisal fee : $350
Doc Prep fee/ Attoney: $200
Settlement fee: $250
Tax Services fee: $75
Survey: $325
Total cost: $2509
Answer 1:
"cash offer"
Title insurance $674
>Normally the seller should pay for this.
$Credit report $65
>BS. no finance, no credit report.
Flood Certificate: $40
>Fair
Recording fees: $50
>Fair
Underwriting fee:$200
>Not sure what this is related to. If it's related to title insurance, should be paid by seller. If related to loan, should be $0.
Coldwell banker flat fee: $250
>I'd consider this BS. Is the settlement agency also called Coldwell Banker?
Messenger charge: $30
>Fair
appraisal fee : $350
>Did you pay this already? If not, fair.
Doc Prep fee/ Attoney: $200
>Fair. Though you didn't use a lawyer, some legal guy still has to prepare the docs.
Settlement fee: $250
>Kind of high, may ask for a discount/reduction. Just ask.
Tax Services fee: $75
>High.
Survey: $325
>Did you get a survey? For rental, many people skip this.
Total cost: $2509
All in all, the title insurance and coldwell banker flat fee seem the worst offender. Please, the big shrimps chip in.
Answer 2:
Doc Prep fee/ Attoney和Settlement fee应该是escrow的费用。但是你不贷款，不知道Underwriting fee和appraisal fee 从何而来。我估计是一个standard 估计。到时不会收全部。另外，房子大与小，除了commission差别比较大之外，其它费用差别并不大。
Answer 3:
Answer 3:
You can request a copy of the estimated closing cost from the escrow company within a week.
Agree with 如山. A lot of fees are standard fees with loans.
Answer 4:
Agree with 如山. A lot of fees are standard fees with loans.
Answer 4:
Which Title Company? Something is wrong. Maybe need a different one.
I bought two properties last year with cash around Dallas area. The closing cost is only about $500.
Answer 5:
I bought two properties last year with cash around Dallas area. The closing cost is only about $500.
Answer 5:
Case 1: in MN
i'm in MN now, $466 is total closing cost paid for a town house, break down:
closing fee $175
title insurance: $180 ( could have been saved if I insisted, but closing agent normally insisted you buy)
Site inspection $40
Recording $25
County Recording $46
closing agent: Edina Realty Title ( a title company)
Case II: $850 --- in MA through an attorney
Both case are for cash offer, not apply to closing with a loan. $2000~2500 closing cost is reasonable in MA excluding reserve fund part
i'm in MN now, $466 is total closing cost paid for a town house, break down:
closing fee $175
title insurance: $180 ( could have been saved if I insisted, but closing agent normally insisted you buy)
Site inspection $40
Recording $25
County Recording $46
closing agent: Edina Realty Title ( a title company)
Case II: $850 --- in MA through an attorney
Both case are for cash offer, not apply to closing with a loan. $2000~2500 closing cost is reasonable in MA excluding reserve fund part
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