Buyer Cost Worksheet: $350,000
Earnest Money:
Typically due within 2 daysAppraisal:
Typically due within 5 daysInspection:
Typically due within 5–10 daysDownpayment:
This will typically range from 3–20% depending on your personal finances and goals.
Closing Costs:
We will need to get this number from your lender. Closing costs include lender fees, 1st year of homeowners insurance, reserves for your escrow account, and title fees.
Realtor Flat Fee:
Your out-of-pocket Realtor fee per Buyer's Agency Agreement.
% Realtor Fee:
Committed to in Buyer's Agency Agreement — requested from seller via a standard line item in the Purchase Agreement.
Earnest Money Credit:
Property Tax Credit:
Estimated at 1% of Purchase Price
Seller Closing Costs Credit:
Closing cost estimates are illustrative. Actual costs vary by lender, location, and loan type. Earnest money is credited toward closing. The % Realtor fee is committed to in the Buyer's Agency Agreement and requested from the seller via a standard line item in the Purchase Agreement — sellers routinely agree, so it does not come out of your pocket. Consult your lender for a Loan Estimate.
How your Realtor is paid
% Fee — Buyer's Agency Agreement
You commit to this in the Buyer's Agency Agreement. In the Purchase Agreement, there is a dedicated line item where we request the seller cover this fee.
Flat Fee — due at closing
This is your out-of-pocket fee. It is due on closing day and is already reflected in your Total Due at Closing.