Any and all detailed expenses statements should include a breakdown of all current staffing, including position/title, annual wages, full or part time status, and if such staffing is seasonal then a breakdown of all such employees and the number of months worked.e) Certified copies of all tenant rent rolls, including a schedule reflecting any amounts set aside as pre-paid rent, or any amount set aside as a tenant inducement, or concessions, together with the amount of any and all security deposits held by Seller or its agent.f) Copies of all maintenance agreements and all other vendor contracts, with respect to the operation of the real estate improvements located on the Property;g) Copies of any and all utility service contracts, availability and capacity letters from the appropriate authorities concerning water, waste water, electricity, gas, garbage disposal and collection and other municipal utilities and/or services;h) A preliminary title insurance report ("Title Report") for the Property issued by a title insurance company selected by Seller and acceptable to Buyer at Seller's sole cost andexpense, showing the status of record title to the Land and Improvements, along with legible copies of all recorded documents referred to in the preliminary title insurancereport.

On the $5,000 closing cost, it was $2,800 for lender closing fees; $1,355 for closing agent, and $1,500 in estimated prepaids/reserves.

Don't be intimidated by the attorneys on the other side, the only thing a retainer means is that they have been pre-paid, possibly at a lower rate, and they have a clock ticking away.

Some of the big items are the lenders title policy (if you take out a loan), the loan origination fees, and the prepaid taxes and insurance.An insurance agent can give you an accurate price for insurance.

Never tried it but I hear legal zoom is good and I also think you get some help with this if you look into prepaid legal services.

If the prepaids are included in the $2700 it might be OK.Also be sure you're buying landlord, vacant house, or builders risk insurance, not homeowners.

Paying a lawyer to draft or look over the agreement is (IMO) optional if you can get someone knowledgable to review it for free or perhaps have it looked over by Prepaid Legal.I recently hooked up with someone to teach me how to broker notes, and he let me write the agreement (but reviewed and modified it).

The aspect of adding the Real Estate Commission as a source to hear my complaint would seem to be added incentive for the LL Realtor to return my prepaid rent.

Notice if mailed, shall be by certified mail, postage prepaid, to the Landlord/Seller’s address of record, and shall be deemed to have been given upon the day shown on the postmark of the envelope in which such notice is mailed.

Pre-paid rents go to the owner.