Hi I’m back with more questions about wholesaling in nc .. I was wondering if anyone could tell me how much title insurance usually is and how much money do you need to close a deal?
You can call a title company in your area and they will give you accurate estimates of closing costs on a deal. I typically estimate 2% of purchase price but it definitely can vary, and of course is different depending on whether you are purchasing a property cash or with lender costs.
I usually pay about $500-$600 for title insurance here in Huntsville, AL. But I agree to reach out to a title company in your area that you plan on working with.