JEFF SCHEINER, ABR & Broker
Palos Hills, IL
I am unable to give you a set amount of the costs since every lender and closing is different based on each situation. I will tell you that most lenders will charge a out of pocket fee from the buyer for Appraisal. An appraisal is done by a third party so therefore they need to be paid up front. Also if you want to have a home inspection on the property you plan on purchassing, you will need to pay that a the time of inspection.
I hope this information helps you.I just want you to know if you are not working with a Realtor now, It does not cost you anything and I will walk you through the entire experience.Fell free to contact me at 708-646-6533 or email me at Nichole.Lathus@cbexchange.com .
Coldwell Banker Residential
My name is Nichole Lathus and I am a Realtor with Coldwell Banker Residential in Tinley Park. As a Realtor who works with all types of buyers, I would recommend sitting down with a Realtor and discussing all of your questions and concerns about Buying for the first time. I always have a Buyers consultation with all of my buyers about what they can expect before buying their first property.
To answer your question, Before we ask the seller to pay cosing costs, we would sit down with your lender and ask him/her what they would need to close so you would not have to pay out of pocket for closing costs. Typical closing costs consist of Title,