Whats the average percentage of commercial loan closing costs? Is there any quick rule of thumb for everything? It seems like 4% would be safe, for appraisal, lender fees, tax, inspection etc.
i have a rule of thumb for 5% but what costs are involved in that 5%?
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 commisi...
Hi, I am under contract to purchase a house for 27000 in cash. Besides the inspection and attorney fees. What else should I plan to bring to closing? This is Cook County, IL. Thanks! Mara.
We have been looking for properties for a while now with our realtor, but just recently found one through a family friend who is selling it FSBO, and we are looking to purchase it to make it into a vacation rental. I'...
We have been looking for properties for a while now with our realtor, but just recently found one through a family friend who is selling it FSBO. I'm just wondering if the process functions any different on our end wi...
Lender Rebate or also called Lender To Borrower Credit is a great way to minimize out of pocket costs for buyer/ borrowers.With a little higher rate, a lot of closing costs can be paid.Anyone aware of this?