Newsflash: If you’re using a gift of equity (mom selling me her house), are the closing costs calculated from the appraised value (100,000) or the actual loan amount (75,000 – 80,000) after gift of equity?

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Read more at https://www.reddit.com/r/RealEstate/comments/6nqril/if_youre_using_a_gift_of_equity_mom_selling_me/?utm_source=ifttt

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