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Old 02-07-2019, 07:01 AM   #1
Bugeater Bugeater is offline
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Originally Posted by displacedinMN View Post
I got mad at "the seller pays the closing costs for the buyer"

Really???? This happened a lot during the housing bust. But now????
Houses here are going site unseen. If the demand is so high, why do I need an incentive for someone else to buy my home?
Yep, I got stung for $5000 on that. Apparently "that's just how it works" now. The goddamn realtor commission already comes out of my proceeds, now that too? I suppose as long as I get that when I buy the next place it's a big whatever, but I don't understand why it costs that much to close on a house. It's a ****ing racket.
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Old 02-07-2019, 07:12 AM   #2
Bob Dole Bob Dole is offline
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Originally Posted by Bugeater View Post
Yep, I got stung for $5000 on that. Apparently "that's just how it works" now. The goddamn realtor commission already comes out of my proceeds, now that too? I suppose as long as I get that when I buy the next place it's a big whatever, but I don't understand why it costs that much to close on a house. It's a ****ing racket.
I bought my place without any agent of any sort. All the shit is available online and it cost me $25 to file the deed.
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Old 02-07-2019, 07:16 AM   #3
IowaHawkeyeChief IowaHawkeyeChief is online now
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Originally Posted by Bob Dole View Post
I bought my place without any agent of any sort. All the shit is available online and it cost me $25 to file the deed.
I did the same with a cash purchase, and if you are selling, the mortgage company does this for the buyer, if they aren't paying cash.
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