Closing Costs

Are the closing costs higher for a double-close? Do wholesale transactions cost less because there is no mortgage investigation involved? What is the typical closing cost run for a standard wholesale flip deal?

If anyone has any insight into closing costs in Philadelphia or would like to recommend a title agent, I'd appreciate it. Thanks.

Comments(2)

  • 64Ford18th November, 2003

    Yes, and Yes.
    YOu are paying title insurance, recording fees, etc twice.

  • nebulousd18th November, 2003

    why do you need title insurance if you are only holding the property for a few minutes?

    Find a good title company and ask what will be the least you will have to pay when doing a double closing and why?

Add Comment

Login To Comment