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What Closing costs are involved if you purchase a mobile home (where you own the land), and are paying cash. Thanks. Find answers to this and many other questions on Trulia Voices, a community for you to find andGet answers, and share your insights and experience.
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Home buyer closing costs in Washington State range from about 1% to 3% of the purchase price, on average. But there are many variables that can affect the total amount you pay at closing.
I want to buy a mobile home and pay it in cash. Do i still have to pay for the land/location?. If the mobile home is in a park you will still have to pay space rent. On a mobile home purchase I would recommend that you get in touch with a specialist that handles mobile homes.. My mother in.
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Cost:$400-1,500. Who pays closing costs in a cash sale? Okay, so now we know what needs to get paid, it’s time to talk about who’s doing the paying. This is where things get interesting, as there are few hard and fast rules about who pays what. Paying for home in cash means there’s no lender to refuse financing at the last minute.
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Best Answer: If the mobile home is located in a park with space rent yes you pay a monthly space rent. If the mobile home is offered as real property with land usually the land is included unless otherwise stated the mobile home to be moved or additional fee for land.
Closing costs on a Mobile Home loan. Closing costs are those charges assessed by the lender, title company, municipality, or real estate company when the loan is "completed", in order to pay for the services needed to close the loan. These charges, while quoted by the lender, are not all.