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Private Lending & Conventional Mortgage Advice

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Nicholas Zeiler
  • Columbus, OH
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Give me some advice on these closing costs. Thanks!

Nicholas Zeiler
  • Columbus, OH
Posted Mar 25 2019, 10:37

Hello,

I would you all to look over these closing costs (all personal and bank info is redacted).

The purchase price is 400,000 and I am putting 16k down. Closing costs are coming to 30k. That seems high to me but maybe its normal.

In the docs it shows a seller credit of 10,000. The seller will not be giving me a credit of 10,000 so I have to come up with the 30k myself.

Let me know what you guys think of the amount of the closing costs for $400,000 property.

Thanks!

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