Lender could end up paying if all fees were not revealed at buyer’s closing

Ilyce Glink Lender could end up paying if all fees were not revealed at buyer’s closing Article Ilyce R. Glink is an award-winning nationally-syndicated journalist who writes about real estate.

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Are closing costs negotiable?

  Curbing Closing Costs BORROWERS have some weapons for keeping closing costs down, the result of recent guidelines requiring lenders to disclose certain fees, but perhaps the most underutilized consumer

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Borrower’s Closing Costs Example (purchase)

WEST VIRGINIA Borrower’s Closing Costs Example (purchase) Sales Price $174,000.00 Deposit / Earnest Money $1,000.00 Loan Amount $139,200.00 Attorney’s Fees (Title Exam, Closing Etc.) $450.00 Loan Charges/Escrow $2,339.18 Lender’s Policy

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Borrower’s Closing Costs Example (Refinance)

          WEST VIRGINIA Borrower’s Closing Costs Example (Refinance) Loan Amount: $145,000.00 Attorney’s Fees (Title Exam, Closing, Etc.) $450.00 Lender’s Title Policy Premium $391.00 Owner’s Title Policy

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