California/SD Closing Costs Advice

[sdduuuude]

I bought a house in a private deal once. There were no real estate agents involved. We agreed on the amount of the check that the seller would receive and I payed for everything else. It made everything simple. I had lots of work to do to keep costs down and choose the right people, but I was happy because I felt in control of the situation and the seller was happy cuz he didn’t have to worry about anything except disclosures and signing a few forms.

[SD Realtor]

With or without a realtor allocation of costs are generally defined on page 2 of the rpa. In a “standard” transaction a seller and buyer will split the cost of escrow. Seller will purchase title insurance for the buyer. Buyer will pay for his own closing costs. Seller will pay for a home warranty, an nhd report, clue report, all satutory costs, hoa docs if need, county transfer costs, termite inspection and repairs identified as section 1 on the report. Buyer pays for any additional reports or inspections including appraisals and physical inspection. I am probably missing lots of stuff as I am sitting here at the auction listening to about 200 postponements. You get the idea though. You can ask the seller for credits for clsing costs as well. Maybe he plays and maybe not.hope this helps

[SD Realtor]

With or without a realtor allocation of costs are generally defined on page 2 of the rpa. In a “standard” transaction a seller and buyer will split the cost of escrow. Seller will purchase title insurance for the buyer. Buyer will pay for his own closing costs. Seller will pay for a home warranty, an nhd report, clue report, all satutory costs, hoa docs if need, county transfer costs, termite inspection and repairs identified as section 1 on the report. Buyer pays for any additional reports or inspections including appraisals and physical inspection. I am probably missing lots of stuff as I am sitting here at the auction listening to about 200 postponements. You get the idea though. You can ask the seller for credits for clsing costs as well. Maybe he plays and maybe not.hope this helps

[SD Realtor]

With or without a realtor allocation of costs are generally defined on page 2 of the rpa. In a “standard” transaction a seller and buyer will split the cost of escrow. Seller will purchase title insurance for the buyer. Buyer will pay for his own closing costs. Seller will pay for a home warranty, an nhd report, clue report, all satutory costs, hoa docs if need, county transfer costs, termite inspection and repairs identified as section 1 on the report. Buyer pays for any additional reports or inspections including appraisals and physical inspection. I am probably missing lots of stuff as I am sitting here at the auction listening to about 200 postponements. You get the idea though. You can ask the seller for credits for clsing costs as well. Maybe he plays and maybe not.hope this helps

[SD Realtor]

With or without a realtor allocation of costs are generally defined on page 2 of the rpa. In a “standard” transaction a seller and buyer will split the cost of escrow. Seller will purchase title insurance for the buyer. Buyer will pay for his own closing costs. Seller will pay for a home warranty, an nhd report, clue report, all satutory costs, hoa docs if need, county transfer costs, termite inspection and repairs identified as section 1 on the report. Buyer pays for any additional reports or inspections including appraisals and physical inspection. I am probably missing lots of stuff as I am sitting here at the auction listening to about 200 postponements. You get the idea though. You can ask the seller for credits for clsing costs as well. Maybe he plays and maybe not.hope this helps

[SD Realtor]

With or without a realtor allocation of costs are generally defined on page 2 of the rpa. In a “standard” transaction a seller and buyer will split the cost of escrow. Seller will purchase title insurance for the buyer. Buyer will pay for his own closing costs. Seller will pay for a home warranty, an nhd report, clue report, all satutory costs, hoa docs if need, county transfer costs, termite inspection and repairs identified as section 1 on the report. Buyer pays for any additional reports or inspections including appraisals and physical inspection. I am probably missing lots of stuff as I am sitting here at the auction listening to about 200 postponements. You get the idea though. You can ask the seller for credits for clsing costs as well. Maybe he plays and maybe not.hope this helps

[ravinos]

Thanks to all for the replies…so in order to put some hard numbers to this scenario, is it reasonable to roughly estimate that a seller at a sell price of 900K, (in S.D. 92130) would incur expenses of about 1% or so, ballpark number of say ten-thousand dollars ?

[ravinos]

Thanks to all for the replies…so in order to put some hard numbers to this scenario, is it reasonable to roughly estimate that a seller at a sell price of 900K, (in S.D. 92130) would incur expenses of about 1% or so, ballpark number of say ten-thousand dollars ?

[ravinos]

Thanks to all for the replies…so in order to put some hard numbers to this scenario, is it reasonable to roughly estimate that a seller at a sell price of 900K, (in S.D. 92130) would incur expenses of about 1% or so, ballpark number of say ten-thousand dollars ?

[ravinos]

Thanks to all for the replies…so in order to put some hard numbers to this scenario, is it reasonable to roughly estimate that a seller at a sell price of 900K, (in S.D. 92130) would incur expenses of about 1% or so, ballpark number of say ten-thousand dollars ?

[ravinos]

Thanks to all for the replies…so in order to put some hard numbers to this scenario, is it reasonable to roughly estimate that a seller at a sell price of 900K, (in S.D. 92130) would incur expenses of about 1% or so, ballpark number of say ten-thousand dollars ?

[sdrealtor]

As with prices per sq ft closing costs decrease as a percentage of sales price as you get more expensive. I’d say $6 to 7K would do it. That is unless you had to pay for lots of repairs and/or termite work but then again those arent closing costs.

[sdrealtor]

As with prices per sq ft closing costs decrease as a percentage of sales price as you get more expensive. I’d say $6 to 7K would do it. That is unless you had to pay for lots of repairs and/or termite work but then again those arent closing costs.

[sdrealtor]

As with prices per sq ft closing costs decrease as a percentage of sales price as you get more expensive. I’d say $6 to 7K would do it. That is unless you had to pay for lots of repairs and/or termite work but then again those arent closing costs.

[sdrealtor]

As with prices per sq ft closing costs decrease as a percentage of sales price as you get more expensive. I’d say $6 to 7K would do it. That is unless you had to pay for lots of repairs and/or termite work but then again those arent closing costs.

[Author]

Posts