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Old 08-21-2008, 12:00 AM
downeaster downeaster is offline
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Default Re: Closing on a new house when paying cash

Quote:
Originally Posted by HoneyBunny & Mouse

Can anyone tell me what the average closing cost would be on a new home costing between $180 to $190 if you pay cash. ??? Any info would be appreciated.

HB&M
There are too many variables. If you have chosen a house and established a sales price then the agent should be able to give you a reasonable estimate. If you are considering buying a house from the developer then they probably give you an exact figure.
If you are buying a resale then you have to negotiate who pays for what. If there is no broker involved it is best to find a title company to handle the details. Once a contract has been signed they will be able to tell you your share of the closing cost.

DC