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What expenses can the buyer ex...

What expenses can the buyer expect?

  • November 20, 2017

Closing costs vary depending the location of your new home, the property you are buying and any loans you maybe be taking. Here is a general list to keep in mind.

  • Application Fee
  • Appraisal
  • Attorney Fee
  • Closing Fee or Escrow Fee
  • Courier Fee
  • Credit Report
  • Escrow Deposit for Property Taxes & Mortgage Insurance
  • FHA Up-Front Mortgage Insurance Premium (UPMIP)
  • Flood insurance
  • Home Inspection
  • Home Owners Association Transfer Fees
  • Homeowners’ Insurance
  • Lender’s Policy Title Insurance
  • Lead-Based Paint Inspection
  • Loan Discount Points
  • Owner’s Policy Title Insurance
  • Origination Fee
  • Pest Inspection
  • Prepaid Interest
  • Private Mortgage Insurance (PMI)
  • Property Tax
  • Recording Fees
  • Survey Fee
  • Title Company Title Search or Exam Fee
  • Transfer Taxes
  • Underwriting Fee
  • VA Funding Fee