What are realistic soft costs (in California) ?
Hi there,
Having trouble getting a grasp on what soft costs might really look like. This would hypothetically be a situation in which I'd pay all cash for a 150-300K house, then rehab and sell. Also excluding repair costs.
I recently bought a home to live in and there were huge closing costs & taxes involved. However, I did take out a large loan. I understand that this changes drastically when one pays all cash for a house.
I know there's the 6% agent commission - But as far as taxes, insurance, marketing, and anything else I'm a little hazy. I am in California btw.
Thanks so much for your expertise!