One of the most popular questions I get from my Santa Clarita home buyer clients has to do with their closing costs. Typically what they want to know most about their closing costs is, how much they are, and when are they due.

I won’t get into the entire list of closing costs, but what you need to be most prepared for other than having the funds for all of them, are the two upfront closing costs that most home buyers have.

The 2 Upfront Closing Costs

The 2 closing costs that are upfront that you’ll need to have funds for almost right away, as soon as escrow opens, are for your home inspection and the appraisal.

How Much Are They?

I can’t give you an exact amount, but in the Santa Clarita Valley real estate market, I see most of my client spend about $250-$400 for their home inspection, and for appraisals, I see most of my clients spend about $500. The amount will vary based on numerous factors, which include the vendor used and the size or price of the home.

Typically many or most of your other closing costs can be paid with our closing funds at the end of the escrow. Your closing funds includes the remainder of your down payment.

Looking for expert help in the Santa Clarita real estate market? Ask Robert @ 661-373-2374.