question for the wise ones regarding seller’s settlement charges. i just received my estimated closing costs and some line items seem ridiculous. close of escrow is supposed to be 10/31. i have two lenders, 455k and 60k.
the first one decided to prorate my stay till 11/22 and has tacked $3200 of ‘interest’.
the second one decided to prorate my stay till 11/11 and tacked on an extra $600?
this looks extremely suspicious because those are my two regular monthly payments. could it be they reverse engineered these fees to get an extra month or are they entitled to prorate as they please ?
i asked my title company but i’m not sure how much they would care. title earns $2200 and escrow $1800 for this herculean task of filling out 3 forms.
thanks
