Wholesaling
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 14 years ago,
Closing cost
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?