What’s the cost to buy a house?
It’s not just the listing price of a home; you’ve also got to factor in closing costs, an umbrella term for all types of fees and costs associated with buying a home, including, for example, loan origination fees, the cost of a home inspection, attorney’s fees, and account for property taxes and homeowner’s insurance. Typically, they’re an additional two to five percent of the home’s purchase price. One thing you will not have to pay as the home buyer, is the realtor commission. The realtor commission is paid for by the seller.
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