Joel Boss1 Look Real Estate
North Metro Atlanta · Selling

What are the closing costs on a Cumming investment property?

Closing costs on a Cumming investment property include the same core pieces as any Georgia purchase. Those are the attorney fee for the required closing, the transfer tax, and the intangible recording tax of $1.50 for each $500 of the loan amount if you're financing the purchase. An investment property can also add lender-specific costs tied to a higher down payment or different loan terms than an owner-occupied purchase. A closing attorney or lender can itemize the exact costs once your specific loan amount and purchase price are set.

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