Buying a home is an exciting and rewarding experience, however costly, so be sure to budget and save for fees included in the purchase. Below are a list of fees that the Buyer pays;
1) DOWNPAYMENT
2) ESCROW FEE ( 1/2 BUYER’S SIDE)
3) HOME INSPECTION FEE
4) LOAN APPLICATION FEE
5) APPRAISAL FEE
6) TITLE INSURANCE (FOR THE LENDER)
7) FIRST MONTH’S INTEREST FOR THE LOAN
8) LOAN POINT FEES AND TRANSACTION FEE
9) NOTARY FEE
10) RECORDING FEE
11) FIRE INSURANCE
12) TAX PORTION
