Friend issue with New home closing

[phatposts]

9 minutes ago, JanasenaKiMusti said:

30-Year Fixed Rate

$600,000 Loan Amount

6.125% rate/6.365% APR

Talk to a Loan OfficerApply Online

Closing Costs Cash to Close Disclosures

• Lender Fees/(Credits)$4,511
  • Discount Points 0.586%$3,516
  • Guaranteed Lender Fee$995
• 3rd Party Services We Select$2,266
  • Guaranteed Appraisal Fee$592
  • Guaranteed Credit Report Fee$90
  • Guaranteed Flood Cert Fee$5
  • Guaranteed Overnight/Wire Fees$90
  • Guaranteed Settlement Attorney Fee$1,400
  • Guaranteed Tax Service Fee$89
• 3rd Party Services You May Select$3,076
  • Title - ALTA 8.1 (Environmental)$25
  • Title - Attorney Fee$500
  • Title - Lender's Title Insurance$2,441
  • Title - Tax Search$110
• Recording Fees$445
• Transfer Taxes$11,550
• Optional Owners Title Insurance$1,209
  • Title - Owner's Title Insurance (optional)$1,209
• Total Lender & 3^rd Party Costs$23,057

 

 

title insurance 2441 aaa? vaammo

[JanasenaKiMusti]

14 minutes ago, phatposts said:

title insurance 2441 aaa? vaammo

Optional 

[phatposts]

Just now, JanasenaKiMusti said:

Depends on points 

never realized title insurance is dependent on points. TIL

 

[yemdoing]

2 hours ago, Sonu_Patel said:

what about re-selling after closing ? he is expecting over 150k on this transaction. 

Am also expecting two jabs without work . 

[ashutoash]

3 hours ago, Sonu_Patel said:

Builder Initially told the house construction will take 12 months.

But Builder completed build in 7 months and asking my friend to confirm the closing date.

He initially through 12 months can be leveraged to adjust finances but 7months .. he is only able to pay 10% down payment and Interest rate is also high antunnadu..

she he back out ? 

Contract prakaram you cannot backout unless a clause unte thappite. Backout aithe ippatidaaka kattina dabbulu potayi

[EyBisa]

friend 

[DJBravo]

6 hours ago, Sonu_Patel said:

Builder Initially told the house construction will take 12 months.

But Builder completed build in 7 months and asking my friend to confirm the closing date.

He initially through 12 months can be leveraged to adjust finances but 7months .. he is only able to pay 10% down payment and Interest rate is also high antunnadu..

she he back out ? 

Tapppadu cheyalsinde. Maku alane ayindi 4 months early ga ichindu builder, I paid only 5% down. 

[Bulls_Rose]

Odi yemma illu time ki ivatalm ledu ani edvatam chusa gani. Mundu isruna gani problem. Actual ga manavallki anni problems. May Jesus builder save us. 🙏