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Reply to "What is actually "conservative" for financing a home?"
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[quote=Anonymous]Our closing costs were more than 6%, definitely. Add up state & country recordation fees, title insurance & fees, lender fees/appraisals, plus all the prepaid property insurance and home insurance. Easily 6-8%+ of purchase price, just check out your Good Faith Estimate or HUD-1. More if you don't nix the realtor, lender and title company junk fees. [/quote]
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