I KNOW you want to know what are closing costs đ° and who pays them? đ¤ˇâ
Often times people are preparing to purchase a homeđĄ and they are not prepared. They are completely surprised that they didnât budget for potentially thousands of dollarsworth of closing costs.
So what are closing costs? đ¤ˇââď¸They are the various fees that buyer and seller pay at closing. đ°These fees can include but are not limited to, escrow fees, loan origination fees, title insurance, transfer taxes, and pre-paid homeowners insurance. THE GAMUT!
Typically somewhere around 2.5% of the sales price of the home.đSo whether youâre looking to buy or sell a home, đĄdonât be surprised last minute that these fees will have to be paid at the closing of your transaction.
Donât worry though, a Great REALTOR like MYSELF đ will make sure you are fully prepared & are ahead of the game!
If youâd like a detailed list đ of the typical fees and how much each one of them are, please reach out anytime. đ
