Question: broker doesn't know about payoff letter??

[manderly6]

Originally Posted by Silverfall

Most sellers don't know what title insurance generally costs, escrow fees, etc. They just don't sell homes often enough to get a realistic estimate of what they will net.

Is it really that hard to come up with a ballpark number? I know I did and ended up pretty close.

[Silverfall]

Originally Posted by manderly6

Is it really that hard to come up with a ballpark number? I know I did and ended up pretty close.

For most people yes.

[manderly6]

I guess I don't understand. I few minutes on line and you can get decent estimates of closing costs.

[Silverfall]

Originally Posted by manderly6

I guess I don't understand. I few minutes on line and you can get decent estimates of closing costs.

It doesn't occur to most people to try and figure it out. There is some serious hand holding that happens in real estate.