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  • Closing Cost

    Is there a way to estimate closing cost on land, taxes, title? It's 5 ACs there asking $19,900. Thanks Josh

  • #2
    Land loans vary greatly depending on the area, bank, and size of land & loan. I know they're hard to come by now so if you've got one that's ready to close I personally wouldn't be too concerned with the cost if you really want the land and can't afford to pay cash.

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    • #3
      Hopfully paying cash I have $24,000 in savings.

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      • #4
        rule of thumb on housing is 3%, and that can be on the low side at times.

        Call a title company that specializes in Agriculture deals, they might be able to give you a rough ball park.
        Ronald Reagan:"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

        Homer: "Bart...there's 2 things I know about women. Never give them nicknames like "jumbo" or "boxcar" and always keep receipts...it makes you look like a business man."

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        • #5
          Thanks for the info

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