What Is A "soft Cost"?
Came across a RE listing site...selling homes to rehab and add another level. They charge
350K for the house
200K for the contractor
25 for the "soft cost"
can anyone explain that one?
thanks
[addsig]
Soft Costs are professional fees, furniture and items that are either intangible, short-lived or movable in some way shape or form. These should be highly negotiable and gone over with a fine tooth comb.
Good Luck,
Kyle