How much should a closing cost for an all-cash transaction?

[Dino Singh]

I'm purchasing an investment property for about 150k, with cash, and wondering how much should closing cost?  I'm paying for inspections, and don't need an appraisal.  The closing attorney probably needs to do a title search, title insurance, transfer of deed, taxes and prepare closing paperwork, etc. etc. ?  

Would appreciate someone who's done an all cash txn, to weigh in and tell me what's required and how much should a good closing attorney charge for an all cash closing?

[Bill Loeb]

Attorneys I have talked to in the area tend to charge $900 or so in closing fees. That said, for an all-cash transaction you can negotiate down to $750 or $500. don't forget to factor in all of the other possible fees, depending on who is paying for what in your contract:

• Title insurance
• Title search fee
• Seller document preparation
• Government recording charges
• Transfer taxes
• Electronic record fee