What Closing Costs Will I Have If I Pay Cash?

Hello,



I am trying to put pen to paper and figure out what my potential profit can be to see if I can make this deal happen.



I am looking to purchase a house for about 100k. I am going to be paying cash for this house. What are my closing costs going to be since I wont have to go through a bank for a loan?



Any estimates would be greatly appreciated.

Comments(1)

  • NewKidInTown36th March, 2006

    Estimates only

    Attorney fee $350 - $500
    Deed Preparation fee $50 - $65
    Deed Recording fee $12 - $30
    Owners title insurance $100

    If you are doing settlement by mail, also add overnight delivery charges.

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