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How much are closing costs

  • August 09 2012 - US
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Answers (3)

Profile picture for Matt Hiatt
I know that each state is different, but here in Arizona, with closing costs and pre-paids, you would be around 4% for a $100,000 home, and probably 3% if higher (if financing). There are so many factors from HOA transfer fees, taxes, ext., it is hard to give an exact figure. I use to be able to have the seller pay those, but in our current market with low inventory and multiple offers, that no longer exists.
  • August 09 2012
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Profile picture for doralgate
On the selling side I think the estimate is a total of about 10% of sales price.

5-7% in Realtors fees plus Taxes & Insurance (which you will likely get refunded if you currently escrow) plus other fees charged by the title company.
  • August 09 2012
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Profile picture for Cindy Quinton
Closing costs depend on a multitude of factors including, purchase price, taxes, insurances, types of inspection, type and amount of loan, and many other things.
  • August 09 2012
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