Fees involved in the sale and purchase of a house
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 Feb 19 2009, 07:11 PM, updated 17y ago
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#1
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Junior Member
192 posts Joined: Jan 2003  
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What are the fees for a house that costs 700k? S&P between Purchase and seller MOT Is there any others? Assuming zero cost entry, i guess loan agreement will be borne by bank, right? |
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Feb 19 2009, 08:57 PM
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#2
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Senior Member
2,548 posts Joined: May 2005
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Rough rule of thumb, allow 2% of purchase price for legal fees, disbursements & misc. charges until collection of fees.
'Free' legal fees package by banks are not really free. Ask them what if u don't need them to cover the legal fees n disbursement. Usually, the rate/ overall package is different |
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