Buyer & Seller Series
Buying or selling a home in Sacramento? One essential aspect that often perplexes homebuyers and sellers alike is closing costs. In our steadfast commitment to empower your real estate journey, All City Homes provides a detailed, easy-to-understand guide to demystify closing costs in your transactions.
Closing costs encompass the various fees and expenses, aside from the property price, that buyers and sellers incur to finalize a real estate transaction. They are an essential aspect to plan for, whether you’re aiming to own a slice of Sacramento or passing your keys to the next homeowner.
Here's a breakdown of common closing costs for sellers:
Sellers typically anticipate costs approximately 6-10% of the property’s sale price, though it's wise to consult with your real estate professional for precise figures.
Buyers, your closing costs, usually ranging from 1-1.5% of the purchase price, may include:
Prepaid items are not fees, but rather, upfront payments for recurring home-related costs, such as property taxes and homeowner's insurance, and possibly a portion of the interest due on your loan.
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Ready to navigate through the fiscal aspects of Sacramento's real estate with a committed ally? Connect with All City Homes, where every transaction is a thread woven into the fabric of generational wealth and empowered homeownership.
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