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Real estate
What is closing cost in real estate investment.
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[QUOTE="TOZZIBLINKZ, post: 296689, member: 37528"] In real estate investment the world closing cost can mean a whole lot of thing but to put together closing cost refers to any amount of money that is used to refurnish particular building before it is being sold out to tenant or be rented out to interested individuals. Closing cost can also cover the amount of money paid to home inspectors who carry out inspection activities on a particular building before it is been purchased by a particular tenant. In essence closing cost must be of reasonable value and a reasonable quantity to the individuals who are going to collect it at the reason is because when the closing cost is of reasonable value and reasonable quantity does carrying out activities will become diligent and very much effective in performing the duties they are supposed to do possibly in areas of inspection or in areas of building refurnishing. Closing cost in real estate investment can either be paid via cash or can be paired with any other method of payment. [/QUOTE]
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