Posted by Sebastian Mellone on June 06, 1999 at 19:24:08:
Brian(NY) thnks for your respond.Yes i agree that the closing fees are expensive. This is what i was told by more than one broker and an appraiser.Not to long ago i asked a friend of mine what it cost him to close on his house, he said about $8,000.00 plus. his closing took place maybe 7 years ago here in BKLYN NY.The appraiser broke it down for me on paper showing how much each expens costs (wish i could find that paper)he said that it needed to be tuned a little bit but that he wasnt that far off. Thats why it blows my mind when i read about doing a net net offer to intice the seller to sell his property to you. How can you? When it would cost so much out of pocket money(roughly $10,000.00 Going back to your statement Brian(NY)Must be expensive property your selling.I was told that it made no differance if it were a one family house or a multi-unit like a fourplex or six-unit the closing costs would be the same.All this info.comes from people who have been in the real estate business about 20 years or better.The so called experts.I dont think they would be pulling my leg.They have nothing to gain by it.