Are you a first time home buyer buying a house for the first time? How much does it cost to buy a home? Are there hidden costs of buying a house? What are closing costs? In this video, I discuss the home buying process for a first time buyer and what you can expect to pay when buying a home.
WeBull Promotion: Get 2 FREE Stocks:
How much does it cost to buy a house? It all depends on a number of factors but typically you will need somewhere around 1-3% in addition to your down payment for closing costs.
What are closing costs? Closing costs are typically one time fees paid when buying a house that are due in addition to your down payment.
Who pays closing costs? Typically, both buyers and sellers pay closing costs, with buyers generally paying more than sellers.
Are there out of pocket expenses that I will be paying when buying a home? All costs are out of pocket but some require you to pay them before closing like the appraisal and home inspection.
Are you a first time home buyer and having questions about how to buy a house or buying a house for the first time? If so and you want to chat in more detail, please reach out as I’m happy to chat and help guide you through the home buying process and provide you with home buying tips.
Connect with me 👇🏻 :
Jeb Smith (Huntington Beach Realtor/orange county real estate)
Coldwell Banker Realty
I N S T A G R A M ➳ https://www.instagram.com/jebsmith
➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜
To never miss a video about personal finance & real estate related topics, please subscribe to my channel & then hit the bell notification here ➜ https://goo.gl/NZB1S6