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Updated 8 months ago on . Most recent reply

Kay S.'s profile image
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Kay S.
  • New to Real Estate
  • from Lake Oswego, OR
  • Member since Aug 3, 2024
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Kay S.'s profile image
Kay S.'s profile image
Kay S.
  • New to Real Estate
  • from Lake Oswego, OR
  • Member since Aug 3, 2024
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Kay S.
  • New to Real Estate
  • Lake Oswego, OR
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Creative Real Estate Financing

Closing Costs for Seller Financing?

Kay S.
  • New to Real Estate
  • Lake Oswego, OR
Posted

Hi there - NEWBIE here.... I am in early discussions with sellers about a seller finance deal near Portland, OR.  As I am considering my offer, I am trying to understand how much to budget for attorney, title/closing costs etc?  Appreciate if anyone can provide a rundown of costs to expect with this type of transaction? TIA!

  • Kay S.
    • Portland, Oregon
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    Chris Seveney
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    Chris Seveney
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    ModeratorReplied

    @Kay S.

    Assuming you are getting title insurance (which I recommend) the closing costs will be similar to a traditional closing. Also depends if you are getting appraisal and what attorney charges for creating loan docs

    • Chris Seveney
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