What Should A Buyer Expect To Pay At Time Of Purchase

What Should A Buyer Expect To Pay At Time Of Purchase

Here are the costs that a buyer should expect to pay when purchasing a home!

  • Lenders title insurance premium.

  • Escrow fee - this is split with the seller.

  • Documentation preparation

  • Notary fees, if applicable

  • Recording fees

  • Appraisal fee

  • Home Inspection (This cost is paid at the time of inspection)

  • Loan Charges

  • Interest on new loan from the date of funding to 30 days prior to payment

  • Termite Inspection (many home inspection companies include this with the inspection)

  • Homeowners Insurance

Pre-paid items such as; homeowners association fees, taxes and homeowners insurance.  Your Realtor should provide you with an estimated cost sheet as well as your lender should provide you with a good faith estimate so that you are well prepared.

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Phone: 480-420-6657
Dated: September 22nd 2015
Views: 171
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