What Are Closing Costs?
Understanding Closing Costs: What to Expect as a Buyer
Once your offer is accepted and your loan is approved, the closing process is just one final step before you officially own your new home. Also known as settlement, closing is when property ownership is legally transferred from the seller to you.
During this process, you’ll sign various documents and pay several closing costs. These fees cover essential services required to finalize your home purchase. At Cody Nowicki Realtor, we ensure that our buyers fully understand these costs so there are no surprises on closing day.
Common Closing Costs You Should Know
Closing costs typically range between 2% and 5% of the home’s purchase price. Some of the key fees involved are an appraisal fee, a credit report fee, a loan origination fee, title insurance, and title search fees.
How We Make Closing Costs Easier for You
At Cody Nowicki Realtor, we ensure you understand each fee before closing day. Sometimes, we can negotiate seller concessions to reduce your closing costs. We help eligible buyers find grants and assistance programs to cover closing costs.
We’re here to simplify the process and ensure you know exactly what to expect. Contact Cody Nowicki, Realtor, today to start your journey toward homeownership!
- Expert Guidance
- Closing Cost Assistance
- Market Expertise
- Streamlined Process
- Personalized Support
- Negotiation Power