Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

$10k closing costs on $315k duplex - seem about right? Title Services?
Hello,
My fiancee and I received a GFE of ~$10k, just want to make sure these numbers seem ok to experienced folks here on BP. Owner-occupied duplex. Purchase price $317k. 20% down. 4.125% interest rate. Loan amount $253,600.
The 3 biggest items are:
Title Services and Lender's Title Insurance = $4,148
Transfer Taxes = $2377.50
Initial deposit of Escrow = $850.00
The the taxes and escrow seem fine, but what about title services? $4k seem reasonable?
Thanks.