Fees When Buying A House Here

: A title company charged about $300–$2,500 to search public records and ensure no one else could claim ownership of the home .

Before they could even finish the paperwork, Sarah and Mike had to open their wallets for early due diligence: fees when buying a house

As the closing date approached, the administrative costs—often called —began to stack up, typically totaling 2% to 6% of the loan amount : : A title company charged about $300–$2,500 to

: The lender charged a fee to process and "underwrite" their mortgage application, often starting at 0.5% to 1% of the loan . The "Advance Payment" Fees : To show they

More than a Mortgage: Eight Surprising Costs of Buying a Home

: Their local county charged $20–$250 just to update the public records with their names as the new owners . The "Advance Payment" Fees

: To show they were serious, they put down about 1% to 3% of the purchase price ($4,000–$12,000) into an Escrow Account , which would eventually count toward their down payment .