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jjohnn77 · May 30, 2012, 11:29 PM

If I buy a home and pay full cash amount, is there still a fee for passing papers, or how does that work... thank you

Curlyben · May 30, 2012, 11:58 PM

Normally there is an additional fee for the appropriate deed paperwork, etc.

jjohnn77 · May 31, 2012, 12:22 AM

OK, thank you very much, I'm sure that fee isn't 5 or 6 thousand like regular passing..

ScottGem · May 31, 2012, 03:31 AM

This varies widely by area. Consult a local real estate broker or mortgage lender who can give you a better idea of what fees are involved in transferring ownership. There can be several costs involved in a home purchase beyond the cost of the home. Title search, appraisal, title insurance, transfer taxes, closing fees and more. While there are some costs that are related specifically to getting a mortgage, that you would save, there are others.

jjohnn77 · May 31, 2012, 06:36 AM

Originally Posted by ScottGem

This varies widely by area. Consult a local real estate broker or mortgage lender who can give you a better idea of what fees are involved in transferring ownership. There can be several costs involved in a home purchase beyond the cost of the home. Title search, appraisal, title insurance, transfer taxes, closing fees and more. While there are some costs that are related specifically to getting a mortgage, that you would save, there are others.

Thank you again, you have been very helpful, thanks for your time.