How much closing costs do you pay when you buy with cash.

[Misael Carlos Vera]

Hey everyone,

Just as the title says, how much are closing costs when you buy with cash?

I've been looking at different forms of financing and I heard of fund and grow from a local Chambersburg Investor. Essentially, fund and grow finds 0% interest business credit cards for you, you then liquidate the credit into cash (paying a 2-3% fee), and then you buy houses with cash.

I just want to know how much closing costs are when you buy a 100k house via cash.

[Steve Morris]

For title items, almost exactly the same.  They wouldn't have to generate a Trust Deed (if that's how your state handles debt on the property).  You'd still want a PTR for what they'll cover.

Of course, you could just call a title company and ask.

OOC - What are all the terms if you pay 2%-3% up front on this lender?