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Closing Costs
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The fees associated with the work that has been done in the real estate transaction leading up to settlement along with the cost of the real estate transfer taxes. Closing costs for MD, DC, and VA transactions usually range from 3-5% of the purchase price.
Traditional Closing Costs ¨ Title Examination ¨ Title Insurance ¨ State Transfer and Recordation Taxes ¨ County Transfer Taxes ¨ Survey ¨ Credit Report ¨ Appraisal ¨ Loan Origination Fee ¨ Discount Points ¨ Mortgage Insurance Premium (Reserves) ¨ Home Inspection ¨ Other Inspections of Choice Completed in the Transaction
Contact your Hawkins Group specialist and they will provide you a detailed estimate of your closing costs for your purchasing situation and show you how to save on closing costs! |
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