Congratulations on taking the steps to purchase a home!! You must be very excited.
Every situation is a little different in regards to the closing cost but some of these costs may include:
Loan Origination Fee
Wood Infestation Inspection Fee
Home Protection Plan/Inspection Fee
Escrow Closing Fee
Professional Services Fee
Lender Fees (commitment, closing, etc.)
Loan Discount Points
Homeowners Insurance, First Year
MIP/PMI/VA Funding Fee, First Year
Homeowners Insurance Escrow
Loan Application Fee
I know this is a long list and a little overwhelming. However, many of these fees may not apply in every situation. In total closing costs are about 3.5% of the purchase price. It is also common for buyers to ask the sellers to cover some or all of these costs as part of the purchase.
Our team can sit down with you to answer any questions you have, in depth, regarding closing costs or any step of the purchasing process.
The Tabai & Schulze Team
NP Dodge Real Estate
If you would like to visit our model homes, please stop out to 6016 S 191st Terrace (corner of 192 & Y Street) I have 3 models here you can tour. I have represented Celebrity for over 15 years. http://www.TucsonDLX.com
I would love to help you find the perfet new home to fit your needs.
With the top agents you have on this site, you can buy a home and get in for only the required down payment. Depending on home location, your credit score, and whether you are a veteran or not, you could get into a home with anything from no money down and no money out of pocket to 5% down and no other costs. If you want to discuss this further, feel free to contact me.
Dennis W Clark
Freedom Lending, LLC
All the Best,
Lisa Andrews - Realtor
CBSHome Real Estate
There is a book on Amazon called a"Buying a Home: Don't Let Them Make a Monkey Out of You". It will be the best $6 you've ever spent.