Buyers Need More than Downpayment Add in Closing Cost.

Buyer's Closing Costs
Gail Mercedes Cole

 

Call (310) 853.9933

View Real Estate Buyer's Guide: http://yourwestsidehomes.com/For_Buyers.html

Buyers need more that just a down payment. There are additional expenses when purchasing a home. These expenses have to be calculated into your purchase decision. When qualifying for a loan lenders review buyer's income, mortgage amount, property taxes, property insurance, closings cost and buyer's reserves.

Review Buyer's Closing Costs:

• Down payment
• Escrow Fees (generally paid 1/2 by buyers and sellers) 
• Professional Property Inspection
• Loan Fees
• Appraisal  
• Points for the Loan 
• Application Fee (loan fee) 
• Prorated Property Taxes
• Prorated HOA Fees

Buyer's Real Estate Step-By-Step Guide
Call: Gail Mercedes Cole
EXP
(310) 853-9933
License #007788828