Today, I’ve got some key information about buyer closing costs. With the help of a special guest, I’ll be going over exactly what you can expect to pay.
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What kind of expenses can buyers expect at the closing table?
In addition to the down payment, buyers should expect a few other expenses. Today, I’m joined by a special guest, Ryan Finger, to talk about this subject. Ryan is a buyer specialist, and he’s got some key information about this topic.
Unless you’re paying for your purchase with cash, you’re going to need to get a loan. This loan is going to be the point around which most of your additional expenses will revolve.
On top of that, you should expect title fees, real estate fees, and also the cost of appraisal. In total, you should expect to pay between 1% to 2% of the list price at the closing table.
If you’re looking to purchase a house, Ryan can direct you to a number of great lenders. He recommends getting a few different perspectives before you move forward. Whatever loan you chose, you need to make sure it’s something you’re comfortable with.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.