Printer Friendly
The Free Dictionary
989,139,945 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Closing costs of home sale

    0.13 sec.
Ask a Lawyer
Ask a Lawyer

Question

Country: United States of America State: Michigan how is the equity in a home divided and do the parties have to split the closing costs or does the person who is refinancing absorb the cost? I'm asking because the closing costs are quite high due to the other person having such poor credit?

Answer

What is the ownership agreement...normally 50/50 if both are paying etc. and intend to own it 50/50.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
Legal browser? ? Full browser
 
 
Legal Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.