Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Clayton Laing
0
Votes |
2
Posts

Closing Costs on Mobile Homes

Clayton Laing
Posted

Hi all,

First time ever posting on here, so hopefully this question doesn't seem too dumb or obvious. I'm currently in talks with a motivated seller looking to sell their mobile home (in a park, not attached to land) which I think I could end up purchasing for only about $3,000. 


My question is - how much should I expect to have to pay in closing costs (assuming I have agreed to pay for all such costs as part of my negotiating with the seller)?


I know a commonly used estimate is to expect about 3% of the sale price for closing costs, but will any title company really perform their work for, in this instance, only $90? Or should I expect something much higher that will cut into the potentially thin margins on such a low-cost deal?

Any help or insight would be greatly appreciated, I'm still completely new at this.

Thanks!

Loading replies...