While there are always exceptions, as a buyer you can expect to pay the following closing costs:
- Lender’s title insurance policy
- 50% of the sub-escrow fee
- Buyer’s escrow fee and processing fee
- Document preparation (if applicable)
- Email loan document fee
- Notary fees (as applicable)
- Recording charges for all documents in buyer’s name
- Tax proration (for any taxes unpaid at the closing)
- Homeowner’s transfer fee (as listed in the contract)
- All new loan charges
- Interest on new loan
- Inspection fees (General, Sewer Line, Geological, etc.)
- Home warranty – (as listed in the contract)
- Fire (Homeowner’s) insurance premium for first year
- Next month HOA (Homeowner’s Association) dues
- Messenger fees