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You saved for the down payment…
but here’s the surprise —
That’s NOT the total cost.
There are closing costs too.
And most buyers forget this.
So what are closing costs?
These are extra expenses
you pay on the day you get your keys
Typically —
Around 1.5% to 4% of the purchase price
What’s included?
Lawyer fees
Land transfer tax
Title insurance
Inspection / appraisal
Property tax adjustments
So if you’re buying a $600,000 home…
You might need an extra $9,000 to $24,000
If you don’t plan for this…
your deal can get stuck at the last moment
Smart buyers always budget for closing costs
Comment “CLOSING” or DM me — I’ll calculate your exact amount.
#Closing #Cost #realestate #sfv #southfields
By MandeepToorYou saved for the down payment…
but here’s the surprise —
That’s NOT the total cost.
There are closing costs too.
And most buyers forget this.
So what are closing costs?
These are extra expenses
you pay on the day you get your keys
Typically —
Around 1.5% to 4% of the purchase price
What’s included?
Lawyer fees
Land transfer tax
Title insurance
Inspection / appraisal
Property tax adjustments
So if you’re buying a $600,000 home…
You might need an extra $9,000 to $24,000
If you don’t plan for this…
your deal can get stuck at the last moment
Smart buyers always budget for closing costs
Comment “CLOSING” or DM me — I’ll calculate your exact amount.
#Closing #Cost #realestate #sfv #southfields