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Updated almost 6 years ago on . Most recent reply

User Stats

7
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0
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Joshua McGowan
  • Rental Property Investor
  • Churchville, PA
0
Votes |
7
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Did I overpay on closing costs?

Joshua McGowan
  • Rental Property Investor
  • Churchville, PA
Posted

As I'm trying to come up with estimated closing costs to run the numbers on potential deals, I'm trying to turn a more critical eye to the closing costs from buying my personal home last year.  It turns out that I paid significantly higher than the $3k-$7k range I'm reading as typical.  

Roughly $6k of my costs were a combination of escrow (which I guess are not usually included in discussion of "closing costs"?) and buyer's agent fee (which I know is typically paid by the seller), but discounting those costs still puts me at ~$8k, which is on the higher end.  

Do you guys see any costs in the pictures below that I should be able to negotiate down the next time around?

If it's relevant info, I bought the home off-market in Churchville, PA for $320k with a 22% down payment.  Spring of 2017.

Thanks!

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