Friday 17 May 2019

HIDDEN Fees When Purchasing a House

Home inspection            $500 before closing
Appraisal fee                   $450 before closing after contract
Earnest money deposit 1.5% - 3% of sales price before closing
Title insurance                $2000 paid at closing
County transfer tax        $350 paid at closing
State transfer tax            0.0025* sales price paid at closing
State mortgage tax         0.0025 * mortgage amount
Property tax                    paid at closing
Homeowner’s insurance             $1000 paid at closing
HOA transfer fee            $300 paid at closing
Title services                   $550 paid at closing
Condo move-in fee        $100 - $300 paid at closing



reference:
https://www.youtube.com/watch?v=K3o4rwczZy0
https://www.youtube.com/watch?v=_1fTFZEB3BQ

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