If you're paying cash, the closing costs usually associated with a bank loan will not be there (closing costs are usually between 4% and 6% of the mortgage amount). In your case, your attorney's fees, title costs, homeowner's insurance (if you're not purchasing a coop) should be all you're looking at. Good luck. If I can help with any aspects of your purchase, please feel free to contact me.
Certified Buyer Representative
Century 21 Princeton Properties