Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Foreclosures
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 almost 17 years ago,

User Stats

14
Posts
4
Votes
Dan Meier
  • Real Estate Investor
  • St. Louis, MO
4
Votes |
14
Posts

Closing Costs For Short Sale Double Closings

Dan Meier
  • Real Estate Investor
  • St. Louis, MO
Posted

How are closing costs customarily split between the investors and the bank during a closing? Fees may include Doc Stamps, Abstract Title, Title to Close, Recording, and other miscellaneous closing fees. Naturally, I'd like the bank to pay as much of these fees as possible, but also don't wish to ask the bank to pay fees they customarily do not pay. Also, can one ask the bank to pay for building inspections such as a termite inspections?

I plan to wholesale properties and will need double closings. As the wholesaler, which fees should I expect the bank, myself, and the end buyer to pay? Is there a web site or other available documentation that breaks these fees down? Thanks, Dan.

Loading replies...