Jason608
Pre-takeoff checklist
Hi
I'm very close to finalizing an airplane purchase, but could use some advice on the closing process.
1- Offer acceptance a downpayment
2- Pre buy inspection $1,000 - $1,500 (from quotes)
3- Escrow $1,500 (from contract)
4- Bank closing/funding $450 (from bank)
5- I also have the CFI and Savvy expenses estimated.
What does the seller vs the buyer pay? It looks like the buyer is responsible for everything but it my be customary for the seller to split the escrow costs? Is any of this correct?
I'm very close to finalizing an airplane purchase, but could use some advice on the closing process.
1- Offer acceptance a downpayment
2- Pre buy inspection $1,000 - $1,500 (from quotes)
3- Escrow $1,500 (from contract)
4- Bank closing/funding $450 (from bank)
5- I also have the CFI and Savvy expenses estimated.
What does the seller vs the buyer pay? It looks like the buyer is responsible for everything but it my be customary for the seller to split the escrow costs? Is any of this correct?