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Do You Pay Closing Costs When Buying a House in Cash?

3/28/2017

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Although they say cash is king, the unfortunate answer is yes, you will still pay closing costs on a cash deal.   Let's look at why you still pay closings costs and why this is even a question. 

A large chunk of closing costs are attributed to loan origination.  This is why there are less closing costs with a cash. The remainder of the closing costs are:

  1. Settlement Fee
  2. Owner's Title Insurance
  3. Government Recording Fee
  4. Transfer Taxes

Call or email me if you have any questions. 
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  • Blog
  • Sell a Home
  • Find a Home
    • Buying Guide
    • New Listings
  • Contact
  • Lakewood Estates
    • Active Listings
    • Plats and Covenants
  • Kiva Program