Archive for the ‘Buying Real Estate’ Category
Closing Costs for Real Estate Buyers
Owning a home is a keystone of wealth, both financial affluence and emotional security. - Suze Orman
I recently posted about the closing costs sellers should expect to pay in a real estate sale - these costs can range from 1% to 8% of the sales price, depending on if a real estate broker is involved. For buyers, closing costs in our region typically run about 2-3% of the purchase price.
Here’s a breakdown of what buyers can expect to lay out at the closing table: Read the rest of this entry »