Profile picture for user548289

Paying cash for new construction in KY is there closing costs involved for buyer?

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2012 - Louisville
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (2)

There will be no financing charges in your situation, but you will have prorated taxes, homeowners insurance, and any title and escrow fess. However the costs will be minimal in comparison to buying a home with financing.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2012
Settlement or closing fee to title company (closing agent)
Title insurance (if you wish to have one since you pay cash)
Recording fees- deed
Attorneys fee -if you plan to hire one
Misc. fees -could be courier or wire transfer fees
Real estate tax proration
The fees, type of the fees may vary -it depends what the contract states.
This is a question best answered by your real estate attorney because the costs can vary tremendously for many reasons. For example, real estate transfer tax calculation is a complex formula.
The only cost that you will have to pay will be the Title company's closing and deed recording fee. The cost of a survey, title policy ,home inspection, attorney, appraisal would all be your own choice on whether you want them or not.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2012
 
Related Questions
Louisville KY neighborhoods with Urban feel
Profile picture for Michael Thacker
Latest answer by Michael Thacker
August 19 | 2 answers
  • Asked by lynntidwell77
  • In Moving
  • August 10
home loan while self employed
Profile picture for Michael Thacker
Latest answer by Michael Thacker
August 01 | 4 answers
What is a listing titled, "Make me move." Is it a rental, home for sale...?
Profile picture for Michael Thacker
Latest answer by Michael Thacker
August 01 | 3 answers
How long is the average home buyer search?
Profile picture for burncard98
Latest answer by burncard98
June 29 | 13 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 1600 Gardiner Ln APT 204, Louisville, KY Home For Sale
    1600 Gardiner Ln APT 204, Louisville, KY 40205

     For Sale: $135,500

    • Beds: 2
    • Sqft: --
    • Baths: 2.0
    • Lot: --
  2. 941 Baxter Ave UNIT 105, Louisville, KY Home For Sale
    941 Baxter Ave UNIT 105, Louisville, KY 40204

     For Sale: $185,000

    • Beds: 2
    • Sqft: 1400
    • Baths: 2.0
    • Lot: --
  3. 5408 Marble Ct, Louisville, KY Home For Sale
    5408 Marble Ct, Louisville, KY 40219

     For Sale: $149,500

    • Beds: 3
    • Sqft: 2157
    • Baths: 2.0
    • Lot: 10890
 
 
 
Sign in with Google