Cost of Buying a Home

Many First-Time Home Buyers don't understand the costs involved when purchasing a home.  Many mistakenly believe that the money they have saved for the down payment is all that is required.  This video should help educate them on how much TOTAL money they will need to cover their down, closing and inspection costs.  The example is based on a purchase price of a $200,000 home in Contra Costa County of California.  The figures are estimated, but gives a good example of what money they'll need, what it goes for and why.