Have you ever wondered what fees buyers pay besides a down payment? Well, here’s a starting point and estimated costs:
– Deposit – 1-2% of the sale price.
– Closing costs – 3-6% of the home’s value
– Mortgage origination – 0.5-1% of the loan amount
– Appraisal and home inspection fee – $300-500 each
– Credit check – $20-30
– Title search – $75-200
– Title insurance – 0.5-1% of the sale price.
If this post has given you a firmer grasp on what to expect, then you might be interested in a buyer consult — a non-committal discussion about your needs, wants, and timeline.
Send us a DM, and we’ll set something up. We look forward to hearing from you!
“Bringing You Home to the Good Life”
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