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 buying a house for the first time?
im wanting to buy a house for the first time but how do i get a first time buyer loan with out all the hidden closing and prepaid cost?
Additional Details
the broker i spoke to said it ...


 My Only Option is To Move?
I am on a month to month rental agreement.

My property owner won't offer leases.

Last night he knocked on my door.

He said to me, "I am evicting your ...


 Why are builders afraid to have a 13th floor?
i hope i am not the only one who notices this....
but lately i have notice how they skip the 13th floor it would go 1.....12,14,15.. and soo forth
in New York. do you guys really believe ...


 having problems with landlord not fixing broken shower and bath, what can i do?
i live in a shared student house and our main bathrooms shower/bath has been broken for about 6 months now and nothing has been done about it, although we call them all the time the fob us off with ...


 Landlord isn't doing much to fix things?
I am renting a basement apartment. The first day we moved in we found out the shower wasn't working properly, so we told her and she said she'd have a plumber in the next day. no problem. ...


 Rental Business: What Finding Fee Should I Charge?
Hi,

I am a real estate investor. A friend suggested to pay me a nice amount if I find him a good property to buy, and I do everything until closing including putting an offer, participate ...


 The best site for comparison quotes on cheap home and auto insurance?
Please provide links. Thx....


 Who is responsible for unpaid utilities?
I rented an apartment with a roommate. Both of our names are on the lease. The utilities came in her name. Our lease expired and we owed a balance on the utilities which we made payment ...


 Whats the best site for Renting a house or look for one from privates?

Additional Details
In E...


 Is the 8000, for first time buyer still in effect? Also….?
How can I qualify for a government grant to buy a house, if I am a born American, have a job that pays less then 30,000, and married to someone who makes less then 30,000. His credit is crap, so I ...


 Is it weird to live in a rented room in ur own home town...?
Hi iam a grade 11 student......the problem is that i have 7 Family members....and since there r only two bed room..in my house...this create a problem for me to study.....example when my sister ...


 What is foreclosure? help me? (:?
My friend is moving out of his house and I was looking for a house. His house fits what I am looking for. a 3 bed, 3 bath. I asked if he was renting it or selling it and he said it was being ...


 arm's length transaction between friends?
I was forced to short sell our home in florida and a friend offered to invest in our house. They offered for us to live in the home until we could either find another or purchase back the home at ...


 what does a home renter give to their children, when they pass away?
Hi I'm just thinking,
what would you do if you had to rent a home all your life,and you had children.
What would you give to your children when you had passed away.
With a home ...


 Should I become a real estate agent?
Ok, I just want some honest answers here, because I don't know much about the life of an agent. I am a young female college student with an associates degree in liberal arts. I am currently ...


 St Augustine possible condo owner..how hard is it to rent out when I'm not using it..anyone...?
...have advice..
I'm thinking of buying a house in/near St Augustine. Until I retire 2 yrs I will need to rent it out. With the glut of condos on the market, I'm wondering how feasible ...


 What are the vendor's legal liabilities under 'sale agreed' for property?
If the prospective buyer has a survey done and wants to cut the price, what are my rights/ liabilities as the vendor ? Can I just refuse the price reduction ? Am I liable for the cost of the survey ?<...


 Whats more expensive? Building your own place or buying one?
I'm working on moving out of my parents place. I will be earning 20,000 a year and I need some info....


 How to find a renters landlord?
we have these people that rent across the street and they have parties like every other day so we want to call the landlord every time we get woken up by them in hopes that he will make it stop. We ...


 Is there anything you could do after being scammed on craigslist?
I was buying my first car, and i looked on craigslist because i was curious. I ended up finding a 2001 punch buggy, it was perfect! low mileage sunroof no scratches, and it was being sold cheap ...



redrose 11
how many percent is the closing cost in Suffolk. long island. ny?
If the house value is $200,000 and the down payment will be $10,000. How much will be the closing cost?
                     
 




Common Sense
That varies greatly due to many factors.


glenn
Rating
closing cost is any cost that it cost to transfer the ownership from one owner to the next. It includes any creation of loan and prorating any ongoing expense like property tax or ongoing income like rent.

It could include lots of different things and the amount of each depends in large part on what type of loan the buyer is getting, how much they are putting down, and local law. The best way to get a good answer is to contact a Realtor or loan officer in that area. You can get an even better answer if when you call you have a specific house in mind.


Jack
Closing cost can vary. It normally range from 1 to 8%. It depends on your lender, title company, and many other variables. Below is a webpage I found that explains closing costs. My house was $130,000 and my closing cost was $4000.

http://michaelbluejay.com/house/closingcosts.html


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