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Updated about 4 years ago on . Most recent reply

Joey Piha's profile image
Joey Piha's profile image
Joey Piha
  • New to Real Estate
  • from Claymont, DE
  • Member since Nov 24, 2020
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8
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2
Votes
Joey Piha's profile image
Joey Piha's profile image
Joey Piha
  • New to Real Estate
  • from Claymont, DE
  • Member since Nov 24, 2020
Connect
Joey Piha
  • New to Real Estate
  • Claymont, DE
2
Votes |
8
Posts
Buying & Selling Real Estate

Zillow calculating selling/closing costs?

Joey Piha
  • New to Real Estate
  • Claymont, DE
Posted

Hi everyone, when using the calculators on BiggerPockets, I always have trouble predicting the closing costs. Zillow has a feature on every listing where it estimates that 14% of purchase price of a property is the number you will pay in closing costs. Is this accurate? Will you pay $21k in closing costs for a $155k home? On the wholesale and rental calculator, the estimate for closing costs is 1-2%. Which is more accurate? 

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