What is a QUICK rule of thumb for ...Buyer Closing Cost % of house valueSeller Closing Cost % of house valueIs it generally accurate to say that the seller pays the realtor fee 6% and the buyer pays for everything else [ appraisal, title, inspection, survey, termite, attorney, escrow, loan fees, and pre-paids?

I have an old-school alarm that has a dial function (had to buy a prepaid sim card for this) that would alert me in case a motion sensor goes off.

The sellers attorney indicated that they did not want to extend past the current closing date and I would like to close before the 1st so the pre-paid interest is less at closing).

They ended up coming from Trulia, which came from posting it on Zillow.Here are the numbers:Purchase Price:                 $129,000Down Payment:                $25,800 (20%)Prepaid/Closing Costs:    $5,215Renovations:                     $10,845Total:                                   $145,060Monthly rent:                    $1,500ARV:                                    $158,500Things I've learned on this one:I probably could have gotten the bank down a little more on purchase price.  

When the property was sold, the seller should have given your LLC a credit for any portion of prepaid property taxes from the date of settlement to the end of the tax term.  

Here's the breakdown from the lender:Loan costsOrigination chargesCommitment fee $670Origination Fee $520Tax transcript Fee $40Employment verification fee $37Services you can shop forAppraisal Fee $525Credit Repot $33Flood cert $12SS Verification Fee $5Tax service $85Other costsRecording fees and other taxes $108Prepaids (prepaid interest $6.50 per day for 30 days @4.5%) $195Initial escrow payment at closing Homeowner's insurance and property taxes for 6 months: $937TOTAL closing costs: $4,271Cash to close: $13,000 + $4,271= $17, 271

Best case scenario, a $35K down payment will get you approximately a $115K SFH after closings & pre-paids.

(b) If the landlord fails to return to the tenant any prepaid rent or security/rental deposit with the notice required to be sent by the landlord pursuant to subsection (a), the tenant may recover the property and money in an amount equal to three times the amount wrongfully withheld and reasonable attorney's fees.

@David Woolfork New loan amount must not exceed documented purchase price, closing costs, prepaid fees & points.  

Next, I work for a company called Legal Shield and can sell you a prepaid legal services membership that gives you 24/7 access to your personal law firm with an entire team of attorneys working for you.