Quote:
Originally Posted by Skip
You got that right. Closing costs on a new house are insane! (So is the total bond amount.)
Skip
|
I didn't find that to be the case at all. Other than prorated stuff like amenity fees, taxes and bond (all stuff that is rightfully associated with the purchase of the house) and buyers' title insurance (which is optional) there were no other closing costs. However, we paid cash. If we had financed the purchase, then the mortgage company would have assessed quite a lot of fees as I recall; but I assume that they would have assessed those same fees regardless of whether it was a new or resale.