Home Buying in 07728>Question Details

Marie, Both Buyer and Seller in Freehold, NJ

Closing Fees for Cash Purchase?

Asked by Marie, Freehold, NJ Tue Dec 4, 2012

I will be buying a house in NJ for $128,500 cash. What fees should I expect to pay at closing? I already know my attorney's fee. I'm looking for an idea of the dollar amounts typical for things like title search and insurance, and whatever else I will pay at closing. (I have already paid for the home inspection out of pocket). Thank you.

Help the community by answering this question:


If you are using an attorney he will have exact figures for you just prior to closing.
Usually the cost of title search is included in the attorney fee.
However as a buyer you will have to pay for title insurance at closing. Also you can expect fees such as reimbursing seller for any prepaid taxes/sewer bills, recording fees for mortgage and deed, sometimes any overnight fees incurred, obviously your attorney fee. You will also have to pre-pay before closing 1 year of homeowners insurance. Usually I tell buyers at this price point they will have to come to closing with between $4000 - $6000. Of course this is an average so speaking to your attorney for a good faith estimate of potential closing costs is a smart move.
1 vote Thank Flag Link Wed Dec 5, 2012

Contact any title company they should have all the same rates. Ask them what closing cost would be complete on a cash transaction.

Keller Williams Realty
3xUS Army Veteran
Joseph Fernandez
cell: (817)975-7258
off: (817)635-1157
website: http://www.blissful-estates.com
0 votes Thank Flag Link Tue Dec 4, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer