Monday, January 7, 2013

Out of pocket expenses with conventional 30-year loan ... - Zillow ...

This is a hard to impossible question to answer on? a forum like Zillow because many of the fees vary state to state.? in Michigan, for example, I would be shocked if the home inspection and appraisal fees topped $800.?It sounds like you are getting a loan.? If so, your lender is legally required to give you a "Good Faith Estimate" of all your closing costs and expenses...and pay for those expenses is they are more than a little over what they estimate.

They may not want to do?this if you haven't picked a home already.? In that case, show them a listing similar to what you are looking for and aske them to give you a "Good Faith Estimate" on that property.

Source: http://www.zillow.com/advice-thread/Out-of-pocket-expenses-with-conventional-30-year-loan-on-a-home-purchase/473218/

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