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How much will the closing costs be and what are they?

Generally, your closing costs will come out to between 4 and 5 percent of your purchase price. The closings costs will include title searches, government taxes, notary fees, loan fees, escrow fees, recording fees, reconveyance fees, prorations and sales commissions.

Related Questions

• Should I Compare Escrow Fees On-Line?
• How will I know how much my closing or settlement fees will be before the actual closing date?
• Must I check all the closing fees on the HUD-1 Settlement form or will the closing agent already have done that for me?
• Since my settlement or closing fees are a substantial amount of money, can I deduct them on my income tax return?
• What are RESPA Disclosures?

Copyright © 2009 Sandy Gadow. This article may not be resold, reprinted, resyndicated or redistributed without the written permission from Escrow Publishing Company.

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Copyright 1999-2009 © Sandy Gadow—All rights reserved.
All information is deemed reliable but is not guaranteed and should be independently verified.