How do you figure out closing costs

Bird Dogs, Wholesaling
1

i have a property that im getting for 1.00 dollar and this is not a misprint and there are no liens or taxes owed i was wondering how i would figure what the closing costs would be thanks as always

2

Attorney, Title Search, Title Insurance, Liability Insurance if rehabbing or Homeowners Insurance, filing fees for docs, confirm property taxes are paid (if not they need to be pro-rated or back taxes paid), as this will be part of closing.

Of course, depends on where you live, but assuming property taxes are paid, I can’t see it being anymore than $1000.

3

The best thing is to check with your escrow company or whoever you use for closing where you live. Different parts of the country have different costs so I wouldn’t even try to tell you what they would be.
Good luck,
donrock

4

You’re looking at less than $300 depending on your state.

5

thanks for all the replies

6

I’ll buy it from you for 2.00 and I’ll pay all closing cost!!! :beer