What are Conveyance Stamps on a Good Faith Estimate to buy a house? - good faith estimate template
I want to buy a house and the good faith estimate of the costs, the closure of the list of "stamps transport" more than $ 1,100, which is the line of the HUD 1335th What does this mean? Where does the money I pay? Thank you!
Sunday, February 14, 2010
Good Faith Estimate Template What Are Conveyance Stamps On A Good Faith Estimate To Buy A House?
2 comments:
The stamps are what the town charges for the transportation of goods from one person to another. In my country, the cost is $ 1.10 per $ 100 are So, if the property for $ 100,000 in transfer of cargo or stamp 1100 $ will be sold. Some circles in registering to vote calls.
You can also search for the deed and can say what the sale of the property by the number of stamps attached to the letter.
That's how you get paid to local government and / or state. It's like a tax on the sale of real estate.
The money goes to the government. IF you are obligated to pay. However, check your contract. Sometimes 50/50 with the seller.
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