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Updated almost 14 years ago,

User Stats

120
Posts
7
Votes
Sean Gallagher
  • Real Estate Investor
  • Millsboro, DE
7
Votes |
120
Posts

Closing cost

Sean Gallagher
  • Real Estate Investor
  • Millsboro, DE
Posted

I have a contract right now used to wholesale and its puts all closing cost on the seller.. Is this fair? Usually most serious investors are dealing with cash so there isn't as many closing fees compared to a lending process but there are still some fees that if I was the seller I would feel like I shouldn't have to pay. Like things that are for the buyer or at a buyers request, such as a survey, and say the buyer wants it appraised, thats in my contract as well for the seller to cover.

How much are closing cost usually on say a 60k cash purchase? I estimated approx 1200.00, am I close?

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