Closing Cost Breakdown

Disneymooners93

Mouseketeer
Joined
Feb 13, 2005
Messages
169
I have not seen a breakdown for calculating closing costs mentioned in any of the threads, just estimates or a range. I found this interesting. TTS explained to me that closing costs are based on the purchase price - figured like this:

$3000-$7000 = $400 closing cost
$7001-$10,000 = $425 closing cost
each $2000 over $10,000 adds $25 to the $425 (i.e. $14,000 = $475 c.c.)

They did not give me an under $3000 (didn't ask), perhaps $375. Not sure if this is consistent with all resales, but should be at least close.
 











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