Sunday, November 18, 2012

What does closing cost (Foreclosure) include? - Zillow Real Estate ...

it depends if you are the buyer or the seller and it depends on your loan as well.? If you are planning to make an offer on a property with an agent the agent is bound by law to provide you with estimated closing costs.

There are escrow fees, title search fees, document processing fees, recording feeds, prepaid taxes and insurance (if there is a loan), origination fees etc.

perhaps if you are more specific, that you're looking at a home, vacant land, commercial building etc, it's in town or unplatted, there is a loan or not, and about how much the sales price of the home is you might get some better answers.

best person to ask would be whoever it is that is helping you find a the property.

Source: http://www.zillow.com/advice-thread/What-does-closing-cost-Foreclosure-include/468716/

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