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Nesgroup address: misc.consumers.house - Date & Time for the message: 12 Mar 2005 14:56:09 -0800
/ Author of the message: blk_jak32@yahoo.com |
Title of the message: |
What closing costs to plan for without a mortgage?
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Text of the message: |
I was hoping to pick a few brains on closing costs. We will be moving later this year and it looks like we will be able to sell our current property for more than what our new house will end up costing. My thinking is that we can purchase the new place without taking out a mortgage. Looking back over the paperwork from our previous house purchases it seems to me that most of the closing costs have to do directly or indirectly with the mortgage (origination fees, title insurance, ect). If the bank isn't there to demand all of these, which ones would I as the buyer still want? I'm thinking about things like appraisals, flood plain verification, or such. What we are looking at are fairly standard new construction in typical sub-divisions. Would I be taking on alot of risk by not doing some of these things? Any suggestions would be welcome. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.