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989b6e47-d75a-57fe-31be-48317bb84c58 |
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i am a first time home buyer i have no idea how this process works but every week the lender tells me i have to pay for this or that i have a fha loan he knows i do not have a large amount of money for this i thought this came out at closing isn,t there a list of this i have to pay before this process begins i am too far to back out now i ask what is next and they never tell me til i have to come up with the money now can you help by giving me a run down of cost related to the buyers side of the deal i have already paid for inspection,appraisal,survey,and home owners insurance plus 3% down have any idea whats next THANK YOU |
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If you're using an agent, that person should be able to help you. You'll probably have to come up with some property tax money and establish an escrow account, in which they put some months' worth of your money to be used for your next property tax and homeowners insurance bills. Ask the loan agent for a complete list. |
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Edith
Originally published on May 20, 2008 |
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