Typical Buyer Closing Costs
There are typically two types of closing expenses in addition to your down payment when purchasing a home. They can be categorized as *Prepaid Costs and *Fixed Costs. The amounts for these products and services will vary according to your purchase price, property type, area, lender and other factors.
*Items That You Will Prepay At Closing:
12-14 Months Homeowner's Insurance3- 4 Months of Property Taxes15 Days of Mortgage Interest
*Fixed Costs That You May Incur At Or Before Closing:
Lender Origination Fee $750-3,000Lender Title Policy $250Appraisal $550-700Property Survey $400-800General Home Inspection $450-650Plumbing Inspection $300-350Termite Inspection $100-150Attorney Fees $175-375Escrow Fee $175-300Flood Certificate $20-30Recording Fees $100-250Misc Endorsements & Other $100-300 This is not an exhaustive list...I am happy to provide you with a more specific and detailed estimate of costs based on your desired home purchase. Feel free to contact me by phone or email and I will provide this for you.
