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Updated over 10 years ago on . Most recent reply

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Max M.
  • Real Estate Investor
  • Palatine, IL
22
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102
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Stupid Question

Max M.
  • Real Estate Investor
  • Palatine, IL
Posted

Let's say someone FSBO's a house and I buy it from them, all cash, for $300,000. What would it probably cost to actually close the deal?

Most Popular Reply

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Nathan Emmert
  • Investor
  • San Ramon, CA
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Nathan Emmert
  • Investor
  • San Ramon, CA
Replied

Likely very location dependent... do you need a lawyer?  Are you going to do an inspection?  You'll be a few hundred dollars for the title work and there will likely be some transfer type fees to worry about.  Should be less than $1,000 total I would expect, unless lawyers get involved!

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