You are here:
Buying or Selling a Home/closing costs
Advertisement
Question
We are thinking of selling our home and buying another. Moving up a little. Anyhow we would like to know what are all the costs involved on both selling and buying a home. Also can you give me a ballpark on what costs are involved with a new loan.
Thanks you
Hi Resa,
I can't break down all the costs because they vary depending on the area. A good rule of thumb is 7-8% selling your home and 2% buying. You would have to get loan costs from a lender.
Hope this helps.
Sue Bernstein
www.SueBernstein.com
Related Articles
- Buyer's Closing Costs - Prepaid Buyer's Closing Costs - Closing Costs Credits for Buyers
- No Closing Cost Loans - The Truth About No Closing Cost Loans
- No Closing Costs - When to Choose or Avoid No Closing Costs
- Closing Costs - Manage Your Mortgage's Closing Costs
- No Closing Cost Refinance - Definition and Overview of No Closing Cost Refinancing
Buying or Selling a Home
Answers by Expert:
- Dick Dennis
- Jessica Bryan
- liznarr
- Hans Weber, Licensed Broker Associate
- Sue Bernstein
- Karyn Foley
- Dottie Worthington
- Jim Root
- Russel Ray
- Connie Wildasinn-Broker,GRI,RealtorŪ
- Todd C. Menard
- Diann Tonnesen
- John Hendricks
- Jay Denit
- Matt Heisler
- Lisa Webber
- John
- Laurie Stephenson
- Marvin G. Bobbitt, III
- Nori J. Muster
- Sharon Huneycutt, Realtor, Associate Broker, GRI, e-PRO
- CJ Brasiel
- Jeff Kessler
- Kathryn Hisert
- Emily
- Ted Lewis
- Kerrin Kostelic, FL Broker Associate, GRI, AHWD
- Tim Norris
Sue Bernstein
Expertise
My expertise in in residential real estate., I have been selling residential real estate for over 2 decades in the Los Angeles area. I can answer most questions regarding real estate in the state of California and most generic questions for the rest of the country relating to buying and selling homes, selecting a real estate agent, and more!
Experience
Residential Real Estate, Probates, Conservatorship and Trust Sales
Education/Credentials
Brokers License
E-Pro Certified
©2012 About.com, a part of The New York Times Company. All rights reserved.