Estimating Closing Costs

[Terry Royce]

Is there any easy way to estimate a general amount for closing costs?
I am looking at a 44K REO, and I want to have a good idea what I am going to have to pay upfront if my offer is accepted.

[Tom NA]

I would have a strategy *before* you purchase this property, not *after*. Sounds like you're really not sure what you might do with it. If you're going to wholesale or resell, I would just pay cash since you should have it back soon enough and it just makes things simpler. If you're going to hold as a rental, I'd be more inclined to finance though some people like to pay cash for all their properties and in fact I did so for my last one. Good luck.