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CASH NEEDED TO CLOSE

Published on Jun 23, 2020

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MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

For Example:

  • Sale Price 200K with 10% down - $20,000
  • Property Taxes and HO Insurance - $6000
  • Closing Costs $6000
  • Total Cash to Close $32K
2.

For Example:

  • PI $783.38
  • (180K Loan at 3.25% over 30 years)
  • TI $500
  • (6K/12 mos)
  • Mortgage Insurance $100/mo
  • MONTHLY PAYMENT is $1383.70
3.

Untitled Slide

  • Commission $14,000
  • Attorney $700
  • Search $500
  • Survey $450
  • Transfer Tax $1,800
  • Recording Fees - Minimal
  • Company Transaction Fees
  • Town/County/City Compliance Fees

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