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Usually, no. On occasion you will find an inspector who is willing to be paid at closing, but it's very risky. A lot of times deals will not close and that is bad news for the inspector. Would you work for free?
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Who pays closing costs in California?
Closing costs are part of the negotiation process on each home purchase on a case by case basis. It really depends on how the contract is written. Closing costs can also be negotiated with the lender on most loans. You will probably be given the option to choose a higher rate with lower costs or vice versa. This is not state specific. Source: I'm a loan officer.
Can your homeowner's insurance premium be included in closing costs?
Your homeowners insurance premium SHOULD be included in your closing costs. Now as far as asking the sellers to pay for it--you can ask them to pay for anything--it's up to them whether or not to.
How can one refinance a mortgage with no closing costs?
Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money
What is the purpose of a home seller's concession?
Seller-paid concessions, when used properly, can mean the difference between closing a home sale and losing one. A concession is anything of value added to the transaction by the seller, builder, developer, salesperson or any interested party. A concession may also include any closing costs that would normally be paid by the buyer or cash given to the buyer to lower non-housing debts. Funds received from a relative to assist with a home purchase, or cash contributed from an employer as part of a corporate transfer are not considered seller concessions.
What is the average closing cost fee in the US on 2011?
The average varies between states and regions of the country. Most commonly it is quoted at about 3 to 5 percent in most southeastern states. There are many ways to have this figure change in the buyer's favor. One way would be to request closing costs and attorney's fees from the seller as part of the offer. Many home-builders have their own mortgage companies and will pay a portion of closing costs and attorney fees with their lender and attorney. In my state the attorney fee is about $500 for a standard closing, in others it may be over $1000, so there will be variation. Some lenders charge a one point origination fee for making the loan. This is equal to 1% of the amount you are borrowing. Other lenders may charge less or nothing but make up the money on the loan rate. The best idea is to shop around!
Who pays closing costs in California?
Closing costs are part of the negotiation process on each home purchase on a case by case basis. It really depends on how the contract is written. Closing costs can also be negotiated with the lender on most loans. You will probably be given the option to choose a higher rate with lower costs or vice versa. This is not state specific. Source: I'm a loan officer.
Can your homeowner's insurance premium be included in closing costs?
Your homeowners insurance premium SHOULD be included in your closing costs. Now as far as asking the sellers to pay for it--you can ask them to pay for anything--it's up to them whether or not to.
Where can I get my septic tank inspected?
Home Inspections USA offers decently priced septic inspections and they are part of a national company with a presence in many major metropolitan areas.
How can one refinance a mortgage with no closing costs?
Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money
Home Evaluation Worksheet?
Get StartedThe Home Evaluation Worksheet provides a convenient format for maintaining information regarding the various properties that a buyer may inspect as part of the search for a residence. The buyer can gather information regarding location, style, size, and other features of the various residences. These features can then be compared.This worksheet also provides an important checklist regarding inspections that should be completed before closing on the purchase of the residence. These inspections include inspections of appliances, smoke detectors, security systems, and heating and cooling systems, as well as inspections for radon gas, asbestos, and termites or other pests.This program will produce a worksheet that you can take with you when inspecting the property and fill out at that time.
If you buy a house what part of closing do you pay?
It all depends on what is worked out. Almost all of the costs can be negotiated one way or another.
Home Sale Worksheet?
Get StartedThe Home Sale Worksheet is a worksheet designed to assist a seller with the sale of a personal residence. The worksheet includes a section that allows the seller to compare information regarding real estate agents. It also includes a checklist to use in preparing the home for sale.The worksheet also offers a closing costs schedule to track the various costs of the buyer and seller that will be included as part of the sale of the residence, including commissions, title fees, property taxes, insurance, and recording costs. If the seller will pay a percentage of the buyer's closing costs, information about the buyer's closing costs may be entered. A progress chart allows the seller to monitor the progress of the real estate agent and the buyer's loan application process.This worksheet is not intended as a substitute for a real estate agent or lawyer. However, it provides important information and assistance in choosing an agent and monitoring the progress of the sale.
How may a person buy a house without paying any clousing cost?
Depending on the motivation of the sellers, you could have your agent write, as part of the contract, "seller to contribute toward buyers closing costs$________" This provision may vary from state to state. In a soft market, in order to proceed to closing, a seller will often agree, particularly with a good offer. It is basicaly asking them to take less. Also closing costs may vary, in my area they are 3 to 3.5% of the loan amount and include prepaid expense such as home owner's insurance and property taxes.
What is the purpose of a home seller's concession?
Seller-paid concessions, when used properly, can mean the difference between closing a home sale and losing one. A concession is anything of value added to the transaction by the seller, builder, developer, salesperson or any interested party. A concession may also include any closing costs that would normally be paid by the buyer or cash given to the buyer to lower non-housing debts. Funds received from a relative to assist with a home purchase, or cash contributed from an employer as part of a corporate transfer are not considered seller concessions.
How often do termite exterminators need to inspect your home?
It depends on in what part of the country you live. Some experts say once a year and if you have ever had termites you may even need twice a year inspections.
Identify the item below that is not part of the 6 month inspections?
run an open circuit test
How often are car safety inspections required in Texas?
Car safety inspections are required annually in Texas. This is part of the registration renewal process and in some vehicles will also need emissions testing.
