Purchasing a home involves one-time costs and monthly expenses.
The largest one-time cost is the down payment. It usually represents between 5-25% of the total price of the property.
In addition to the actual purchase price, there are a number of other expenses that you might be expected to pay for.
|Mortgage Application and Appraisal Fee||At time of Application|
|Appraisal Fee||At Inspection|
|Property Inspection (optional)||Closing|
|Deed and/or Mortgage Registration||Closing|
|Property Survey (sometimes provided by Seller||Closing|
|Land Transfer, Deed Tax or Property Purchase Tax||Closing|
|Mortgage Interest Adjustment and Take Over Fee||Closing|
|Adjustments for Fuel, Taxes, etc||Closing|
|Home and Property Insurance||Closing and On-going|
|Connection charges for utilities such as gas, water and electricty||Date of Move|
|Moving Expenses||Date of Move|
Copyright © 2000-2010 Keller Williams® Realty. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. Independently Owned and Operated, Brokerage.
Web Design by bayteksystems.com