Title Insurance for the Buyer
Title Insurance to the Buyer Lender
County Transfer Fees
City Transfer Fees
HOA transfer fee
Property Tax Prepaids
Home Owner Insurance Prepaids
Possible Mortgage Insurance
Your agent, lender and escrow company can all give you an estimate based on the purchase price, type of purchase, and location of property.
If you are considering purchasing a home in the San Diego area, let me know what type property (house/condo), number of bedrooms/baths, what areas, and what price range you are interested in and I can send you detailed listings that meet your criteria.
If you are referring to the sale of a property, the seller's closing costs (including owner's title policy, document transfer fee, pro-rated property taxes, escrow fee, home warranty, commission, etc) could be in the vicinity of $39k. Contact me if you would like help with the sale of a property in the San Diego area.
McAllister Homes Real Estate
If you would like an estimate, let us know the price you are anticipating and whether you are buying or selling and we can work it up for you.
About half of your total closing costs will likely be lender related - costs of origination fee, title fees for the loan, doc prep fees, the list goes on...
Of the other half, you will pay your fair share of escrow fees, pre-payment of property taxes, any relevant hoa fees, and so on.
It is important to ask your lender AND escrow for a good faith estimate.
Kevin, Please let me know if there's anything else you need help with.
All the best.
Either your lender or escrow officer can provide you with a good faith estimate of what your closing costs will be in general and for a specific property you have in mind. The fee for the escrow itself is not even close to 3%, but can vary from company to company.
Good luck in Carmel Valley. Contact me if you would like more specifics or better assistance.
CA DRE 01775528
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
Let me know if you have any other questions!