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Updated about 7 years ago on . Most recent reply

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Monica Evans
  • Bucks County, PA
4
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Savings better on closing costs vs purchase price?

Monica Evans
  • Bucks County, PA
Posted

Hi Everyone,

We are under contract on our first investment property and we have the option to save $5K off the closing costs or $5K off the purchase price. Is there a general rule of thumb of which is better or is that completely dependent on the exact numbers/situation?

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,431
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

I prefer it on the closing costs. Money now

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