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Dont Let Closing Costs Sneak up on You

Customer Care Team

Certified Woman Owned Brokerage specializing in progressive marketing, skilled negotiations & top notch risk management for Pacific NW buyers & seller...

Certified Woman Owned Brokerage specializing in progressive marketing, skilled negotiations & top notch risk management for Pacific NW buyers & seller...

Oct 4 2 minutes read

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Aside from the down payment, closing costs are the greatest expense a buyer will need to pay during their home purchase.

Most lenders recommend that buyers prepare to pay between 2% to 6% of the purchase price in closing costs. That said, the only way to understand what will be the case for you, specifically, is to have a candid conversation with a trusted mortgage professional.

Your lender will be able to provide you with an outline of your closing costs, as well as a closing disclosure, at least three days prior to closing. When you receive this, always make sure to carefully review the information. Examine these documents line by line to make sure they match up to what was outlined in your purchase and sale agreement.


The only way to understand what your closing costs will be is to have a candid conversation with a trusted mortgage professional.


Every transaction is a little bit different, but there are a few items you can likely expect to be included among your closing costs. Loan origination fees, recording fees, attorney fees, the appraisal amount, homeowners association transfer fees, and more are all examples of what may be included.

Some buyers may attempt to ask the seller to pay for their closing costs, but the feasibility of this request will depend on factors like purchase price and overall market conditions. In certain markets, this kind of request may make your offer less appealing. It’s always a good idea to speak with your agent about whether such a move is advisable.

Buyers should be fully aware of what closing costs to expect within their price range. No one wants to encounter the unpleasant surprise of additional expenses so close to closing.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

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