? 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-
Deed recording fees-
-Credit report charges-
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.