Home Buying in Danville>Question Details

gutie22693, Home Buyer in New York, NY

If purchasing a home under 20,000. in cash, approximately how much would the closing cost be?

Asked by gutie22693, New York, NY Mon May 13, 2013

Buying a home with in Danville, Va, paying in cash and would like to know approximately how much I will need at closing.

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Your closing costs for a cash deal would be minimal. Costs would involve title search If you want one) and attorney's closing fee, document preparation fee, real estate tax due (split with the seller who owes to the day of closing), and recording fee. I would estimate minimally $350.
0 votes Thank Flag Link Tue May 14, 2013
You can normally figure about 5% of the price but it depends on what services you want. Title insurance? Full title search? Too many factors to give an exact answer....
0 votes Thank Flag Link Mon May 13, 2013
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