Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 11 years ago on . Most recent reply

User Stats

78
Posts
8
Votes
Eric Johnson
  • Baltimore, MD
8
Votes |
78
Posts

Wholesale Question Again

Eric Johnson
  • Baltimore, MD
Posted

Greetings BPs,

I've almost completed my first deal. However, I just asked the title company for a copy of the pre HUD-1 and it shows that the seller has incur some charges (e.g. title services and lender's title insurance). This concerns me because I stated in the original purchase option contract that "buyer shall pay closing costs" and I specifically told the seller that they would not have to pay ANY closing costs.

Am I missing something here, or, should I expect the seller to incur some charges during closing? Is this a normal part of closing? Please advise.

Loading replies...