25 Nov Estimate Your Buyer Closing Costs
There are typically 3 Types of Expenses for a buyer when they are purchasing real estate. The amounts for these services vary widely within regions and according to the price and type of property.
Lender fees:
If a buyer is working with a lender, that lender has to supply the buyer with a good faith estimate within 72 hours of completion of the loan application. Typical lender fees which vary depending on the loan program include but are not limited to:
Title Expenses
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Title Search
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Title Insurance
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Points
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Processing Fees
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Origination Fees
Closing Fees
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Attorney Fee (if you’re an attorney state).
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Title Company Fee
Other Fees
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Taxes (pro-rated)
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HOA (pro-rated)
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HOA start-up fees
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Home Owner Insurance
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Home Inspection
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Appraisal
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Survey
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Termite and Pest Inspection