From: "Paddy Sweeney"
Newsgroups: misc.invest.real-estate
Subject: I need info on closing my new acquisition
Date: Sat, 8 Jan 2005 06:11:16 -0500
Hi All,
We are buying a 1 BR condo from the company that owns the entire building in
downtown Baltimore primarily for investment purposes. We are currently in
Reno.
We are not taking a loan. The property costs $225,000.
The company that owns the building has given us an estimate of closing costs
prepared by an agent. Closing cost estimate $10,000.
Since, we are not taking a loan out, how should we go about closing such
that our costs are minimized.
Thanks for all your suggestions.
Paddy.
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