I just signed a contract for a REO by Freddie Mac, cash sale, to be closed next week.
The seller (in Texas) has a closing agent in Florida and required me (the buyer) to use their closing agent (in FL) so they will pay for title insurance. If I use my own closing agent, they will not pay for that. I did not think there would be much difference and just signed the contract at 4:30 this afternoon, agreed to use their agent.
My estimate for the closing cost was $1000 as the State Tax/Stamps in my state is really low. Now I am nervous.
Now you got me worried also
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Read the contract
-sunskitehomes-
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11/09/2009 postreply
21:12:49
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I did read the contract,
-nsdw2009-
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11/09/2009 postreply
21:23:56
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I bought a house in FL but bank used TX closing agent
-rouserun-
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11/10/2009 postreply
05:42:53
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Don't worry
-sunskitehomes-
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11/10/2009 postreply
06:51:16
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a big lesson for me.
-顺溜-
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11/09/2009 postreply
21:21:17