Real Estate Closing Costs

Did you know that when you buy a home your closing costs could range between 2 to 5 percent in addition to your downpayment? That could be anywhere between $15,000 to $40,000. Many are surprised by the closing costs that they have to pay. To make sure you aren't caught off guard when it's time to close on your home, you need to understand what closing costs are and how much you should budget for. Closing costs will vary by location and situation. They include government recording costs, appraisal fees, credit report fees, lender origination fees, title services, tax service fees, survey fees, attorney fees, underwriting fees, and the list goes on. But the good news is that when you're ready to buy, our trusted team real estate professionals will help you understand exactly how much you'll need to budget for closing costs. We can help connect you with the lender and a title company. So when you're ready to buy your next home, reach out to us at thehybridagent.com and let's make sure you're ready for all the parts of your new purchase.

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