I sold an investment home, without an agent. The buyer is paying close to?

$7,000 in loan fees....Not to mention other closing costs, like inspections, appraisals, etc. She wants me to pay part of her loan fees....I dont think I want to do that, I am already paying my share...What do you recommend I do? Since I have never gotten a mortgage, I had no idea how expensive they are. She is putting no money down, is this why her fees are so high?

Also, I sold the property below value because I saved the on realtor's fees. I don't want to take any more off, she is paying my asking price, but now I think she is trying to get some more money off the price by asking me to do this...What do you suggest?

I live in Texas...The price for the home is $148,000....

Several people here have some good information so let me just add a couple of things.
Paying some part of closing costs or loan fees for a buyer is not unusual and often part of the negotiation. She is not trying to rip you off but just trying to make the best deal for herself that she can.
If you say that she is buying with no money down and the price is below market it may benefit both of you to write a new contract which raises the price by 3-5 thousand and in which you agree to pay the same mount in closing costs and lender fees. Your bottom line does not change and the recalculation of the numbers will work with her cash flow.

Don't pay her a dime!! You have no obligation to pay anything.

NAH...I don't think so

If you don't want to pay for the fees you don't have too. Maybe some but not all .

$7000 in loan fees??? What did she do, use a broker instead of a direct lender??? She's getting screwed, straight up!

I do real estate closings for a living you have to let me know what state you live and how much you sold the property for and what not and I will let you know. Mortgage fees can be very high especially when the person doesnt know mortgages at all. With closing costs that high they can be getting screwed by the lender but more then likely its just the escrow accounts and what not. She wants whats called a sellers concession and she wants you to cover part of all of the closing costs. Sometimes its worth it sometimes its not. Let me know the prices and the areas and I will let you know. :-)

Find another buyer

If you sold her the property, then she agreed to the terms. She can't come back now and say she wants you to pay fees for her unless it was int he original sales contract. Her putting no money down is the reason she's having to pay so much for the loan. You are not responsible for a penny of it. If she's not putting any of her own money into it and you're already selling it below value, the least she can do is pay her own loan fees. Don't let her tell you otherwise.

Well considering I am in the process of purchasing an home, the seller is actually paying part of the closing. It wouldn't hurt for you to pitch in just a little if it helps the both of you out. This way you sell on good terms in case there is another one down the line.
Her fees are high not because she isn't putting any money down, but because that is the percentage amount on what the property is being sold at.
You figure, inspections usually run anywhere between $250 - $600, appraisal $350 - $525, and the closing is usually between 6 - 7 percent of the sale price of the property.
I'd think about it and maybe talk it over with the buyer and maybe yall can come to an agreement even if you only put in $1000

Covering part of her loan fees is really not your responsibility. Paying for the property is her business. Covering part of the other fees would be a nice gesture, and is sometimes included in closing costs. It is natural for the buyer to try to get the price as low as possible. You'd have to gauge your respone on her personality. Is she the type to respect some negotiating, and not take it personally, or will she be offended that you are not willing to help her out?

Sounds like she wants what's called a Seller's concesseion. Not all that unusual of a request....especially in a Buyers market. It sounds like $7000 is more than the 3% maximum allowed as Sellers concession towards closing costs.

It sounds like you're still negotiating the terms of the sale so you really don't have a sale just yet. So at this stage you should just continue negotiating with her.

Give up a little at a time until you have an agreement that you both can live with. You might start by offering to cover her loan origination fee, typically 1% of the loan amount.

At some point, you're going to have to decide how far you're willing to go and cut it off at that point. Weigh the likelihood of getting another buyer quickly against the value of a quick sale to your current buyer.

Just curious. What does your attorney say?

no way, unless you offered up front, why should you contribute anymore. That's the offer, take it or leave it...if you are reasonably sure the property can be sold to someone else, dont offer more.