Your contribution is for taxes, insurance and closing costs ONLY!!!! You should only be paying the lower figure NOT the full 4500.00. I am a mortgage broker and this title company is totally out of line!
--- willow ventures <[EMAIL PROTECTED]> wrote: > Things can be adjusted at the closing if you bring > them up. The buyer is going to insist on the full > 4,500. you can insist at the other figure. It's a > matter of negotiation. Bring the ad or agreement > that says "up to". > > tommy <[EMAIL PROTECTED]> wrote: > > HI all - > > Closing tomorrow afternoon, I hope someone can > answer 1 question. > > As seller, in my Texas contract, I agreed to "pay up > to" $4500 of > buyer's closing costs. > > I just received a preliminary settlement statement > from the title > company. All looks good, *except* this: > > The total buyers settlement costs are $4202.76. > However, in the > face sheet, the Title Company still subtracted $4500 > from the > buyer's column, whereas I think it should say > $4202.79. Otherwise, > the way I see it, I am paying ~$300 towards buyer's > earnest money > fee and mortgage loan (the other two values in > buyer's column). Are > the loan amount and earnest money considered closing > costs? > > The $300 doesnt really matter in the big picture, > however this buyer > has been a royal pain in the you-know-what and I'd > rather not put > that extra $300 towards his earnest money/loan > amount if this is a > mistake. > > In short, since buyer's total settlement costs > (insurance, taxes, > blah blah blah) are only $4200, am I responsible for > the full $4500 > amount? > > Thanks if anyone can shoot me a quick anser! > > > > > > > > > > > Apply for Commercial Real Estate loans online and > submit your deal to dozens of hungry lenders in just > minutes. Loan programs for all types of business and > commercial real estate. Apply anytime at > http://realestatezoo.com > > RealEstate > Part of RealEstateZoo.Com > ------------------------------------- > Post message: [email protected] > Subscribe: [EMAIL PROTECTED] > Unsubscribe: [EMAIL PROTECTED] > > List owner: [EMAIL PROTECTED] > Web Site: http://groups.yahoo.com/group/RealEstate > > > > > > > > --------------------------------- > Yahoo! Groups Links > > To visit your group on the web, go to: > http://groups.yahoo.com/group/RealEstate/ > > To unsubscribe from this group, send an email to: > [EMAIL PROTECTED] > > Your use of Yahoo! Groups is subject to the > Yahoo! Terms of Service. > > > > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam > protection around > http://mail.yahoo.com __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com ------------------------ Yahoo! Groups Sponsor --------------------~--> What would our lives be like without music, dance, and theater? Donate or volunteer in the arts today at Network for Good! http://us.click.yahoo.com/Tcy2bD/SOnJAA/cosFAA/iiEolB/TM --------------------------------------------------------------------~-> Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com RealEstate Part of RealEstateZoo.Com ------------------------------------- Post message: [email protected] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
