Calculating Fees and Closing costs on back to back closing

[Robert Verdi]

I am in the process of analyzing a deal for a possible back to back closing.

One area that is unclear to me is what fees I need to account for on the A-B and B-C transactions.

Example closing costs, realtor commisions etc

Can someone please help.

[Account Closed]

This is something hard to pin down unless you've bought houses in your area before. For me there's title insurance fees, escrow fees, prorations of property taxes and (sometimes significant) misc. fees for both escrows. Add commissions if the deal involves an agent. The buy and sell escrows often have a different set of costs as there are customs about who pays what in my area. In addition, everything is negotiable. I often agree to pay everything on the buy escrow and write the contract so the seller nets gets a net number at close. Then on the sell escrow I usually require the buyer to pay all the customary fees and usually won't agree to much more that I have to in order to get the deal done.

You might want to contact a closing agent in your area and find out what the typical fees are.