Many variables go into closing costs, including mortgage origination and financing costs.
You should ask your Realtor to explain and breakdown the charges so you can fully understand what you are paying for.
If you don't have a Realtor working with you as your Buyer's Agent yet, please feel free to cal me.
I'd be happy to assist you.
All the best,
REALTOR, Property Manager
Your Real Estate Resource For Life
Cell/Text: (267) 254-7994
Usually 7 to 8 percent of the sale price.
How serious are you in looking for a home.
If your a serious buyer.... then we are serious in helping you :-)
All the best John + Sheri Curci
RE/MAX Properties 215-757-2889
Coldwell Banker Preferred-Old City
223-225 Market st
Philadelphia, PA 19106
We would need more information such as realtor fee, taxes, loan type, home owners insurance cost, etc. Also, if you're putting down less than 20%, how much is the MIP? If, you're getting an FHA mortgage and putting down 3.5% you're total cost should be higher than !0, 400 because lenders never have all of the fees.
Kevin and Darlene Jamison