How do I estimate closing costs for a home purchase?

Asked by Cliff Kitson, Rochester, NY Sat Feb 2, 2013

Is there a formula I can use?

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Linda Grey’s answer
Linda Grey, Agent, Port Orange, FL
Sun Feb 3, 2013
Closing costs come from your lender, they are the ones who know all of your financial information as well as the financial details of your potential home loan fees. If you are purchasing your home with cash only then it would be your attorney who would tell you your closing costs.

Best wishes in your new home.
0 votes
Anna M Brocco, Agent, Williston Park, NY
Sat Feb 2, 2013
If purchasing with a mortgage, ask your loan officer for a good faith estimate....
0 votes
Phil Rotondo, Agent, Melbourne, FL
Sat Feb 2, 2013
A local real estate agent or a real estate attorney can give you a ballpark figure based on the price, location, and records of the home in questions.
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