Posts from December 9th, 2019

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Have You Budgeted for Closing Costs?

December 9th, 2019 by The Chrissie Barrick Team

Saving for a down payment is a key step in the homebuying process, and it's not the only piece you need to include in your budget. Another factor that's important to plan for is the closing costs required to obtain a mortgage.

What Are Closing Costs?

According to Trulia,

"When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home, and can include title insurance, origination fees, underwriting fees, document preparation fees, and more."

For those who buy a $250,000 home, for example, that amount could be between $5,000 and $12,500 in closing fees. Keep in mind, if you're in the market for a home above...

Click Here to Read More...

Categories: Budgeting Costs

The Chrissie Barrick Team Office: (717) 633-7300 Cell: (717) 451-3850 Email Us

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Posts from December 9th, 2019

Have You Budgeted for Closing Costs?

What Are Closing Costs?

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