TOTAL COST TO DATE

Total Cost to Date: $ 14,839.53
Total Hours to Date: 33
Total last updated 04-03-11


Wednesday, September 8, 2010

Contract

We started negotiating for the house in August. We finally agreed to a price and one week before our set closing date have a signed contract to purchase the house in cash.



In one week we will own the house and its special little problems outright.


We initially offered them 30% of original asking price. We finally agreed on 57.5% of original asking price.





First costs


1. House - $9,500


2. Survey - $350


3. Title Insurance - $ 20


4. Attorney closing - $ 675

5. Prorated taxes - $ 195



Purchase price of house = $10,740

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