Explaining your closing costs

As someone who’s relatively new to the real estate business and new to the general world of home selling and home buying, the idea of closing costs were a little tough to wrap my head around. Closing and additional costs can make up 2-5% of the total purchase price so it’s important to understand what they are, how they differ, and why they can fluctuate. I found this little chart to be helpful in breaking down and understanding closing costs. Hopefully they can be helpful for you too!

– Rob Logan

 

Justin BaileyExplaining your closing costs