wdrl
DIS Veteran
- Joined
- May 15, 2009
- Messages
- 3,686
When I was speaking to a Guide, the issue of closing costs came up. It looks like buyers who want to break large contracts into smaller deeds won't have to pay significantly higher closing costs. For example, if you buy a 320-point contract, the closing costs are about $402.80. If the buyer breaks the contract into two 160-point contracts, the total closing costs go up only $3 to $405.80. For four 80-point contracts, the total closing costs would go up an additional $40 or so. The Guide also confirmed that closing costs are now passed on to the buyer on add-on purchases.