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  • September 10, 2009 at 8:08 AM #455909
    sdrealtor
    Participant

    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.

    September 10, 2009 at 9:55 AM #455160
    SD Realtor
    Participant

    When I sit down with sellers, yes I typically advise them to use 1% as a high side estimate for closing costs as I always assume there will be some additional non recurring costs in there. If there are not then the seller gets a little bit extra back because they gaurdbanded thier estimates.

    September 10, 2009 at 9:55 AM #455356
    SD Realtor
    Participant

    When I sit down with sellers, yes I typically advise them to use 1% as a high side estimate for closing costs as I always assume there will be some additional non recurring costs in there. If there are not then the seller gets a little bit extra back because they gaurdbanded thier estimates.

    September 10, 2009 at 9:55 AM #455695
    SD Realtor
    Participant

    When I sit down with sellers, yes I typically advise them to use 1% as a high side estimate for closing costs as I always assume there will be some additional non recurring costs in there. If there are not then the seller gets a little bit extra back because they gaurdbanded thier estimates.

    September 10, 2009 at 9:55 AM #455768
    SD Realtor
    Participant

    When I sit down with sellers, yes I typically advise them to use 1% as a high side estimate for closing costs as I always assume there will be some additional non recurring costs in there. If there are not then the seller gets a little bit extra back because they gaurdbanded thier estimates.

    September 10, 2009 at 9:55 AM #455958
    SD Realtor
    Participant

    When I sit down with sellers, yes I typically advise them to use 1% as a high side estimate for closing costs as I always assume there will be some additional non recurring costs in there. If there are not then the seller gets a little bit extra back because they gaurdbanded thier estimates.

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