Cost of buying a condo

Uzin

Bronze
Oct 26, 2005
1,348
6
38
Just a quick question to get a feel for the extra cost of taxes, lawyers, title transfer, survey and searches etc. to the buyer.

Assume a US$50k price, I read there is a 3% tax based on official government value (normally half of actual price, so off $25k), that is about $750 that normally buyer pays.

Then what is the approximate cost for the rest, lawyer, title, survey, search etc...... assuming a private sale (no agency).

Cheers,
 

pi2

Banned
Oct 12, 2011
961
0
0
Soe years ago I bought a condo for 41k $ The total lawyers fees including searches etc but not including property tax was about $1000. Different lawyers proposed different fees : I was unsure and went with a lawyer with higher fees but good reputation.
pi2