Closing Costs
Generally speaking closing costs can be between 3-6% of the sales price. This is not a fact but a general rule you can utilize. However, if your concerned with closing cost monies, be sure to ask your agent to get you a preliminary hud based on the contract from the title company. If your not using an agent, call the title company yourself and ask for an estimate of fees by the title company being used for closing . This will give you an idea of what your costs will be as every title company have their own set fees. If it is a new purchase, please be sure to also factor in insurance as the title agency will not have that information on a premiminary statement. Other things to also consider as they will fluate/prorate based on your closing date include insurance, Taxes, & association fees(if applies).