Don’t Forget About Closing Costs

If you're thinking about buying a home, it isn't just a down payment you should be saving toward.

Be sure to plan for closing costs too.

Closing costs are the fees and expenses that come with the real estate transaction.

These can include appraisal fees, title service fees, attorney or underwriting fees and more.

But you're probably wondering how much to save, right?

The cost to close is typically between two and 5% of the total purchase price of a home. A $359,000 home will have closing costs between $7,000 and $18,000.

But keep in mind that can vary and you'll need to work with your lender in the process.

So as you're getting ready to buy a home, make sure you budget for everything.

If you want to learn more, reach out to me and we can talk about our local housing market and go through all the details.

Speak with you soon.