Please add sections to this wiki with useful information about the process, so that people don't have to ask the same questions over and over, or scan the whole thread for answers!
Notary and closing
Here is what you can expect or ask for from my experience:
1. New pen for signing wiped thoroughly
2. Pen stays with you after signing
3. Only material they will touch would be your ID
4. ID would be wiped and returned back
5. Can expect gloves to be worn
6. Signing can happen in your front yard or in your garage
7. If you have a Costco table then you can sit on either sides to maintain distancing
8. Masks might be recommended given new guidelines
9. Plus discuss with the notary!!
expired Posted by Greenworld123 • Dec 8, 2019
Dec 8, 2019 2:27 PM
Item 1 of 1
expired Posted by Greenworld123 • Dec 8, 2019
Dec 8, 2019 2:27 PM
Amex offer: $2,500 statement credit for home refinance Better.com
American Express Giftcards
Visit RetailerGood Deal
Bad Deal
Save
Share
Leave a Comment
Your comment cannot be blank.
Share information with community. Please follow our Community Guidelines and be kind!
9,848 Comments
Sign up for a Slickdeals account to remove this ad.
A+B+C is 1400 and D+I is 2312. A bit ahead after Amex credit
For 20 year 2.75
A+B+C is 1164 and D+I is 2094, with 2200 lender credit. So no cost + full Amex credit
Sign up for a Slickdeals account to remove this ad.
Usually CC rewards are not taxable because they are considered a rebate/discount on spend. I'm not sure this would qualify as that since it's tied to a task, not any particular spend. It's more similar to a referral, which Amex does issue 1099's for. I'd assume you will receive a 1099 for this.
When you open a checking account with a bonus, i believe the terms very clearly say it is taxable and you get a 1099.
In this case, money does exchange hands during the closing (from or to borrower) , so the argument can be made that that it's a rebate...
We can wait and see next year if they issue a 1099. To be safe indeed we can assume we will
For PR, title insurance and settlement fees are $451 and $495 (as per Better's LE). When I called the title company shown on the LE, they mentioned that this is the lowest rate and I did not shop around.
For my IP (different state), the title insurance and settlement was $1100 and $500. I shopped around and found out that the title insurance ranged between $950 and $1100. After reissue credit, it was around $400-450. The settlement fee in certain states are fixed. I am not sure whether I have to use to title agent in the state where the property is or not.
I believe reissue rate applies only, if you ask for it prior to closing. I dont think you can get refund of title insurance for those properties that you closed few weeks or months ago. I could be wrong.
Never mind, I see it under the LE section in the online portal. Thanks for the heads up.
Sign up for a Slickdeals account to remove this ad.
Leave a Comment
Your comment cannot be blank.
Share information with community. Please follow our Community Guidelines and be kind!