I KNOW you want to know what are closing costs ? and who pays them? ?♂
Often times people are preparing to purchase a home? and they are not prepared. They are completely surprised that they didn’t budget for potentially thousands of dollarsworth of closing costs.
So what are closing costs? ?‍♀️They are the various fees that buyer and seller pay at closing. ?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.?So whether you’re looking to buy or sell a home, ?don’t be surprised last minute that these fees will have to be paid at the closing of your transaction.
Don’t worry though, a Great REALTOR like MYSELF ? will make sure you are fully prepared & are ahead of the game!
If you’d like a detailed list ? of the typical fees and how much each one of them are, please reach out anytime. ?

Closing Cost? What are they & who pays them?

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