Don’t be caught off guard by closing costs when buying a home.
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There’s nothing worse than spending endless time and energy on saving up for a down payment, only to find that you’re also responsible for thousands of dollars worth of closing costs. Today we’ll be talking about what these closing costs include, as well as how you can prepare for them when you go to buy a house.
For your convenience, I’ve included timestamps for today’s video. Feel free to navigate to the section(s) you’re most interested in viewing:
0:18: Introduction to today’s topic
0:40: The rule of thumb for calculating closing costs
1:10: The cost of lender fees
1:42: Information about the loan estimate
2:58: How points factor into loan percentages
4:15: Services that you can shop around for
5:38: The cost of third-party fees
5:50: The cost of prepaid fees
6:40: Summing up what you’ll generally need to pay for closing costs
7:04: Conclusion to today’s video
If you have any questions about closing costs, or if you’re looking to buy or sell a home in the near future, feel free to reach out to me. I look forward to hearing from you soon.