Closing costs cover everything from preparation fees to attorney’s fees. Unless you can negotiate with the seller to pay the fees, you need to plan on an extra 3-4% of your home’s value to be paid at closing to cover these charges.
As you can see there are a number of extra first time home buyer expenses that you may not have thought much about. It is really important to go into your new home feeling confident you have the financial means to owning your first home.
If you are considering buying or selling a home in the near future. Call Marquis McCrimmon, Realtor to discuss your real estate needs! Licensed in Washington DC, Maryland, and Virginia.
Call us today for your home tomorrow! 301-246-2323