What Are the Closing Costs When Paying Cash for a House?
Fotolia.com”> jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/a06/qv/k6/closing-costs-paying-cash-house_-1.1-800X800.jpg’); }); A buyer who pays cash for a house still incurs closing costs. Purchasing a home with cash requires a large investment from the buyer. The home itself will require a large cash payment to the seller. There are also closing costs to consider. Some closing costs are associated with a mortgage and are not necessary when paying cash. Other closing costs are necessary whenever a house is purchased. Closing costs exist to protect both the buyer and the seller and must be paid at the time the title transfers to the buyer. Title Search Home buyers should be aware of any potential liens, unpaid mortgages or ownership problems with the house they want to purchase. The company performing the title search will research all public records to determine who currently owns the title to the property and revie
Related Questions
- There are lots of people who advertise that they will pay cash for our house. What is so special about The Intercoastal Investment Trust?
- How do I become a NET 30 customer so I can be invoiced for work instead of paying with cash or credit for each dumpster?
- What are approximate closing costs on a cash purchase?
