Tag Archive for: property taxes

What Are The Average Closing Costs in California?

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Closing costs are the various fees and charges buyers face when buying a home that are required in order to close on a loan. But what are the average closing costs in California? Closing costs typically run between 2% and 5% of the home’s purchase price for homebuyers in California. However, many closing costs vary with the price of the home or the loan amount.Read More

IRS Only Allows Deductions For Those Who Actually Pay

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We often have borrowers who are just co-signing or going on title, but they have no intention of making payments. These same borrowers also often want to “take the tax […]Read More

What To Do If Seller Closing Costs Are Too High

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We recently received a purchase contract with a $600,000 price, and $26,000 in seller-credits. The issue? The $26,000 seller credit exceeds our $19,000 estimate of closing costs (closing costs are […]Read More