Cost of delayed financing

[John Vietmeyer]

Just trying to get a sense of how expensive this strategy is.  What fees have to be paid twice when closing on a property with cash then financing it?  

I know the title insurance can be reissued.  

[Chris Mason]

Owners title insurance is still good. So not paying twice.

You didn't get a lender's title insurance policy when you purchased, so you will need it on the refinance. So not paying twice.

Lender fees you did not pay when you purchased. So not paying twice.

No appraisal needed on a cash purchase. No not paying twice. 

Some of the vanilla escrow fees, like "escrow service" and "recording," you will pay twice. 

But not the big ones like transfer taxes, two title insurance policies, lender fees, and appraisal fee.