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charlotte
Guest
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 Posted: Wed Oct 08, 2008 5:57 pm Post subject: interest charges |
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| When you have a contract of sale do you have to put the interest charges on the contract of sale? |
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 kpatrick
Joined: 29 Oct 2007
Posts: 156
Location: Atlanta, Georgia
40.89 Dollars($)
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| Posted: Wed Oct 08, 2008 7:31 pm Post subject: |
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Hi Charlotte,
I've never seen it listed in the sales contract, but the close date is listed, and that is what the prepaid insurance is based off of. The prepaid interest is listed on the closing statement that you will get at closing.
Kim
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7448
Location: bloomfield, ct
70.12 Dollars($)
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| Posted: Thu Oct 09, 2008 7:26 am Post subject: |
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i really don't understand your question, charlotte; and i'm not sure that the answer kim gave you is appropriate to that question.
but if you wish to restate it, in case you're trying to obtain different information, please do so.
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George M. Akerley
Loan Consultant
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