What are the costs that I need to expect to pay outside or before closing?

When buying a house there are typically 4 expenses you will pay before closing

1. Option Money is typically between $100 – $1,000 and it’s becoming customary for it to be .1% of the Purchase Price
   1. Earnest Money which is usually 1% of the Purchase Price but can be less or more
   1. Home Inspections are typically between $450 – $850 and can be as much as a few thousand dollars depending on the scope of inspection and overall size of house.
   1. Traditional loan appraisals typically range from $500 – $800 for personal and vacation home loans and $650 – $1,200 for investment homes.

• ADD HOW TO CALCULATE YOUR CASH TO CLOSING