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Hidden Home Buying Costs

$4 Hidden Home Buying Costs Closing Costs Expect to pay closing costs as part of the purchase of your home. Each lender has different fees that are included in the closing costs, so make sure to ask what these fees covers. Alttorney's Fees While attorney's fees are often fixed, some fees are negotiable. You should find out upfront what the attorney's fees will be so you can compare the fees of various attorneys. Appraisal Costs A real estate appraisal will give you a clear idea of the actual value of the property. Typical Fee Range: $400 - $500 Inspection Fees Before you finalize your contract to purchase the home, you will need to have the home inspected. The inspector will thoroughly inspect: Foundation Structure Electrical Plumbing Other Home Aspects $300 - $40O O Typical Fee Range HOA Fees In certain communities, you will need to pay homeowner association fees as part of your residency. In some cases, you may also be charged an additional maintenance charge. Urility Charges As a homeowner, you will find yourself responsible for paying all of your utility charges. These typically include costs such as: 2$ Water Gas Electricity Cable/Satellite Phone Trash Collection Can Add Up to Hundreds Per Month www.sellingwarnerrobins.com BANKER S (478)960-8055 (C)/ (478)953-8595 x227 (0) www.coldwellbankerssk.com COLDWELL SSK, REALTORS Tips Provided By: Ted Whitt - http://myagenthandbook.com/ ©Anita Clark Source: http://sellingwarnerrobins.com/2012/12/buyer-tips-hidden-home-buying-costs/

Hidden Home Buying Costs

shared by anitaclark on Jul 28
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While you may be prepared to repay your mortgage loan and the interest that is associated with it, you may not be prepared to pay the other costs that come with buying a home. Take a look to learn ab...

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