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Closing costs question..

Posted on 8/28/23 at 6:00 pm
Posted by bleedsgarnet
Virginia
Member since Apr 2014
1384 posts
Posted on 8/28/23 at 6:00 pm
If I purchase a parcel of land and build later, do I have to pay closing costs for the land and then once again when I build?
Posted by Canon951
Member since May 2020
227 posts
Posted on 8/28/23 at 6:31 pm to
you gonna have an attorney do work both times? Then yes. You will also have to pay the bank their fees both times if you get a loan to buy the land and then build the house.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16897 posts
Posted on 8/28/23 at 7:12 pm to
If you are going to take out a loan/mortgage with the house as collateral, then yes.
Posted by bleedsgarnet
Virginia
Member since Apr 2014
1384 posts
Posted on 8/28/23 at 7:20 pm to
Thanks
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