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Updated over 11 years ago, 04/19/2013

Account Closed
  • Involved In Real Estate
  • Los Angeles, CA
4
Votes |
110
Posts

What are realistic soft costs (in California) ?

Account Closed
  • Involved In Real Estate
  • Los Angeles, CA
Posted

Hi there,

Having trouble getting a grasp on what soft costs might really look like. This would hypothetically be a situation in which I'd pay all cash for a 150-300K house, then rehab and sell. Also excluding repair costs.

I recently bought a home to live in and there were huge closing costs & taxes involved. However, I did take out a large loan. I understand that this changes drastically when one pays all cash for a house.

I know there's the 6% agent commission - But as far as taxes, insurance, marketing, and anything else I'm a little hazy. I am in California btw.

Thanks so much for your expertise!

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