how much are closing costs for the buyer?

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June 04 2011 - Nashville
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Answers (2)

Profile picture for AgentSteph77
I find it running at 3.5% to 4.5% these days. Closing costs vary depending on a number of criteria: bank fees, appraisals, origination fees, attorney fees, tax stamps, credit reports, tax escrow, insurance premiums, etc. The type of loan arrangement you choose is the most important factor.

The best way to get a good estimate is to request a Good Faith Estimate from your lender.
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June 04 2011
Thanks for your question "mischka1".

You can expect 5-7% of the sales price to ball park it.

Good luck, hope this help.
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June 04 2011
 

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