Artwork

Inhoud geleverd door Mark Brace. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Mark Brace of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Player FM - Podcast-app
Ga offline met de app Player FM !

Everything Buyers Need to Know About Closing Costs in Grand Rapids

 
Delen
 

Manage episode 179690928 series 1445534
Inhoud geleverd door Mark Brace. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Mark Brace of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Call me at (616) 447-7025 for a FREE home buying or selling consultation


First-time home buyers often ask us about closing costs. What are they and how much do you have to pay?

Closing costs are all the acquisition costs associated with securing your mortgage. They are outside of your down payment, so you’re going to need your minimum down payment required AND your closing costs in order to acquire the mortgage.


Closing costs are generally about 3% of the total purchase price, depending on the type of mortgage. At the beginning of the process, you will get a disclosure from your lender giving you an example of what the costs might be. The Closing Disclosure will have it calculated for you so you know exactly what you need to bring to the closing table.

The next question we usually get regards who pays for the closing costs. As a buyer, it’s your responsibility to pay them; however, we can ask the seller to give us some assistance in the negotiations toward paying some of your closing costs. If this is the case, make sure to let your agent know that you need assistance with closing costs so you can write it into the offer!

If you have any questions about closing costs or any other real estate topic, please don’t hesitate to reach out to us. We would love to help you with all your real estate needs!

  continue reading

12 afleveringen

Artwork
iconDelen
 
Manage episode 179690928 series 1445534
Inhoud geleverd door Mark Brace. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Mark Brace of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Call me at (616) 447-7025 for a FREE home buying or selling consultation


First-time home buyers often ask us about closing costs. What are they and how much do you have to pay?

Closing costs are all the acquisition costs associated with securing your mortgage. They are outside of your down payment, so you’re going to need your minimum down payment required AND your closing costs in order to acquire the mortgage.


Closing costs are generally about 3% of the total purchase price, depending on the type of mortgage. At the beginning of the process, you will get a disclosure from your lender giving you an example of what the costs might be. The Closing Disclosure will have it calculated for you so you know exactly what you need to bring to the closing table.

The next question we usually get regards who pays for the closing costs. As a buyer, it’s your responsibility to pay them; however, we can ask the seller to give us some assistance in the negotiations toward paying some of your closing costs. If this is the case, make sure to let your agent know that you need assistance with closing costs so you can write it into the offer!

If you have any questions about closing costs or any other real estate topic, please don’t hesitate to reach out to us. We would love to help you with all your real estate needs!

  continue reading

12 afleveringen

Alle afleveringen

×
 
Loading …

Welkom op Player FM!

Player FM scant het web op podcasts van hoge kwaliteit waarvan u nu kunt genieten. Het is de beste podcast-app en werkt op Android, iPhone en internet. Aanmelden om abonnementen op verschillende apparaten te synchroniseren.

 

Korte handleiding