? Attention, first-time homebuyers: be sure to build closing costs into your total home budget.
Closing costs are the fees associated with closing a real estate deal, and both the buyer and seller are typically responsible for some of them. In some cases, a closing cost credit may be given as a result of price negotiations.
Closing costs may include:
-Loan origination fees (Request an estimate from your lender)
-Discount points-Appraisal fees-City transfer fees-
Surveys-Property taxes-
Deed recording fees-
-Credit report charges-
HOA fees
If you’re starting to plan to buy your first home, please get in touch with me for an “estimated closing cost,” and I’d be happy to connect you with a lender who can help you determine your budget and get you pre-approved.
