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Expenses when purchasing a home: •Down payment: 1%-20% •Appraisal fee: $500 •Home inspection: $300-500 •closing costs: 2-3% Other costs you may have: •origination fees •document fees •title-based fees •home taxes •HOA fees •PMI insurance

Published on March 28, 2021
Detailed costs of buying a home
  • Down payment
  • Lender based origination fees
  • Title based fees
  • Survey and appraisal fees
  • State recording fees
  • Prepaid property Taxes, home owners insurance and interest
  • Private mortgage insurance
  • Escrow fees
  • Inspection
Other fees you may encounter
  • Flood related fees
  • HOA Costs
  • Warranty
  • Home inspection
Keep in mind all these fees may not always apply and vary from state to state and from transaction. Some may be waived or paid by the lender. Regardless you should always go into a real estate transaction familiar with the different fees associated with home buying .
    If you have any questions about About buying real estate, message me!
      Happy house hunting!

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