“Lets Talk Real Estate! ” CLOSING COSTS” June 14th, 2023

Mid Realty officeJarlynn Hyde

“CLOSING COSTS”

Saving for a down payment isn’t only financial worry you will have after applying for a mortgage.  Closing costs must be factored in, as well.  Closing costs include the services and expenses associated with finalizing a mortgage, including mortgage broker, application, and attorney fees.  Appraisal fees and home inspections costs fall on the buyer, but the seller typically covers a few, such as real estate agent’s commissions.  Average closing costs for the buyer run between two and five percent of the loan amount. It’s possible to shop around and negotiate some fees to lower the closing costs.  Also, remember that property taxes and insurance premiums will need to be paid upfront.   There are many, many details that need to be considered and be delt with during every successful real estate transaction.  All begin with a simple phone call to our office.  We’d love to add you to our ever-growing list of successful house buyers and sellers.  Whether you are buying or selling, we are professionals you’ll want for the job.  We invite you to stop by our office; we’d like to show you what we can do for you.  “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”

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