What''s the typical closing cost ?
2,7524 answer(s)
About 9 years ago
The closing costs for buyers depends upon several factors, including the amount of the down payment (which can be as low as 3% with a new Fannie Mae loan program for first-time buyers) and who pays for the title policy, survey, etc according to the contract. I generally tell my sellers that closings costs will run about 7-10% of the sales price, though that again depends upon the costs stipulated in the sales contract. Hope this helps!
Andrea Usanga
REALM Real Estate Professionals - Sugar Land
Phone: (832) 577-4602
Email: ahinckson@yahoo.com
Web: http://www.har.com/AndreaUsanga
"Going the Extra Mile to Bring You Home"
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DislikeAbout 9 years ago
Justin closing cost can vary with loan type, down payment assistance programs used, closing cost contributions from the seller if you are a buyer, taxes and insurance etc. there are alot of variable in this question. Give us a call and let's get a more accurate answer.
God's Property Realty
Faith 281-743-0243
Faith@godspropertyrealty.com
www.godspropertyrealty.com
#1 Awarded – Best AnswerAbout 9 years ago
Closing costs vary for both the seller and the buyer depending on the property, negotiations, and lending. For basic information about closing costs you can contact a title company.
Hope this was helpful!
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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