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Updated almost 3 years ago on . Most recent reply

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John G.
  • New to Real Estate
  • the US of A
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Where do appraisal, inspection and title insurance fit in?

John G.
  • New to Real Estate
  • the US of A
Posted

Hola! I'm in contract for my first investment property and I'm wondering where in my financial analysis are the following considered when analyzing costs: appraisal, inspection, title insurance, closing costs, and in my case, I paid for the year's insurance up front.

Do I add these to the overall purchase cost? Or add these to what my down payment is (20% + these costs)?

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Le'Andra Taylor
  • New to Real Estate
  • Halifax, Nova Scotia
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Le'Andra Taylor
  • New to Real Estate
  • Halifax, Nova Scotia
Replied

hi

To my understanding, appraisal, inspection and title insurance is apart of your closing cost. It's calculated with the cash on cash return 

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