2006-12-11 06:10:35 · 5 answers · asked by manateesb4 2 in Business & Finance ➔ Renting & Real Estate
Need more info. What state? How much are you borrowing? Are you going to pay taxes and insurance on your own or escrow? How much are you putting down? What are your property taxes annually? How much is home owners insurance?
2006-12-11 06:13:53 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It all depends on where you are. It will even vary from county to county since they each have different deed recording fees. If you are getting ready to buy a home, have your loan officer give you a Good Faith Estimate, which will give you a fairly accurate idea of how much your closing costs will be. Also, different mortgage companies require different escrow amounts--for example some require 6 months homeowners insurance upfront, while some require a year.
2006-12-11 19:23:43 · answer #2 · answered by Scott B 3 · 0⤊ 0⤋
It all depends. Mine were about 4%, but the sellers paid it. That includes the inspections.
2006-12-11 14:49:04 · answer #3 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
depends on the deal, how the realtors fees are split, what conditions are required to be met (ie, did some repairs get made before the sale). In general, they are always higher than you think they will be.
2006-12-11 14:12:53 · answer #4 · answered by Signilda 7 · 0⤊ 1⤋
Typically they are about 3% of the purchase price but keep in mind they can be negotiated as well as the purchase price.
2006-12-11 14:16:05 · answer #5 · answered by Dan 3 · 1⤊ 0⤋