how much do inspections cost: Why Are Closing Costs So High When Buying A House?
- 11/23/16 02:35 AM
Pamela MadoreKeller Williams Realty806-290-1920 Why Are Closing Costs So High When Buying A House? That is a very good question. I spoke with a buyer today that was hesitant in making an offer on a $150,000 house because his closing costs were going to be $8000. What could possibly cost $8000! Often times the closing costs are more than the down payment. This is especially true on an FHA mortgage where the down payment is 3.5%. Let's look at what some of these closing costs and other expenses are. Most of these are paid at closing but
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