How much is the closing cost on a 5 bedroom, 1.5 bath house in Freeport for $369; tax is only $4000?

Answer 1

I assume you mean $369,000? And you dont say if you are selling the house or buying.

Sellers have realtor fees, escrow/title fees, excise tax.

Buyers have escrow/title fees, lender fees (appraisal fees, underwriting/origination fees, flood determination fees, discount points, etc.) as well as prepaids: the daily interest through the end of the month, 2-5 months worth of property insurance, and 2-5 months worth of property taxes (both are held in 'reserves". You also pay in full for 1 year of insurance.

Answer 2

Estimate 3-5% fo sales price......