What would be my closing costs

Question

on a house that is 73,500? Not sure what to expect finacially out of pocket when purchasing a home.

Answer 1

You should ask the lender or the real estate agent.  Closing costs vary by state and by lender to some extent.

You'll have these costs for sure:

Appraisal

Title Insurance and all their fees

Flood Cert

Your share of Taxes for the year

Funky Fees from your state...like the view tax in Vermont or the intangible tax in GA or FL

You may have these

Escrow of taxes and insurance

Survey

One full year of homeowners insurance paid in advance

Attorney's fee

Then the lender may have other fees too, like origination fee, document fee, processing fee.  These are the ones to watch out for because some lenders have a lot of them, and other don't have any.