Updated over 4 years ago on . Most recent reply
Florida Cash Buyer - What do closing costs look like?
Hello BP,
I will be purchasing a 3/2 condo in South Florida with cash in the upcoming days/weeks. What is a normal percentage relative to the purchase price of the unit that is owed to pay for closing costs?
I would also like to point out that my decision to not finance at these current low interest rates will not change. Please let’s stay off that topic as I am not looking to build wealth but reallocate capital.
Thank you for your time!
P.S. Does anybody have a link to a post or link that has a detailed checklist for due diligence for condo associations? (Reserves, 40 year inspection, rent to owner ratio etc)?