RE/MAX Four Seasons For Buyers: Costs & Expenses

Pre-closing Costs

Prior to closing on your home there are many out of pocket expenses. The expenses listed below cannot be paid from the mortagage you will get for your home.

1. Earnest Money.

Also called "good faith" money. This shows the seller your intent to purchase and is credited to you in your closing costs.
$500 - $5000 (and up)

2. Home Inspection.

Not to re-negotiate the purchase price with the seller. For you to find out the possible problems with the home you want to purchase.
$200+

3. Home Owners Insurance

for one year to be purchased prior to closing on the new home.
$150+

4. Application fee with lender

This fee is used by the lender for the credit report and appraisal. The money will be credited back to you at closing.
$250 - $300

Did you know that you could actually get into a home with $0 down?

Contact RE/MAX Four Seasons to start the process of buying your dream home today!

Closing Costs

Closing costs are the incurred expenses over and above the price of the property. The total can be several thousand dollars, not including the down payment. Costs vary depending on the state and financing terms. We can help you understand what costs to expect at the closing and in what form they must be paid (certified, cashier's, or personal check). Costs you may incur are as follows:

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For Buyers