Closing Costs – What to Expect
You’ve got your down payment. You’re qualified to buy in the condo or co-op. And you’re all set with moving forward with a mortgage.
Or maybe you’re a seller and your buyer’s been officially approved by the board.
What else is there to consider?
It’s the thing that frequently catches both new buyers and new sellers off guard, and it’s something that is rarely factored in when contemplating whether or not to buy or sell a home. But the information below can help you to avoid any unpleasant (and costly) surprises when you get to the closing table.
It’s important to note that these are just estimates. Only your attorney and mortgage broker can give you precise information in advance of your closing. But the preceding information at least gives you a ballpark idea of what you’ll be facing so you can be more prepared.
Have more questions or concerns about buying or selling a home? Feel free to reach out to me. I’m always happy to help!