BEFORE YOU VIEW A HOME
BE READY FOR THESE UPFRONT COSTS
FOR NEW CONSTRUCTION, CLICK HERE
EARNEST MONEY
Within 3 days after a buyer executes a contract, the buyer must deliver the earnest money to the title company listed on the contract.
What is Earnest Money? See below for details.
right to terminate
Within 3 days after a buyer executes a contract, the buyer must deliver the right to terminate or option fee to the seller listed on the contract.
What is the Option Fee? See below for details.
home inspection(s)
Buyers are encouraged to have the property inspected by a licensed professional within an allotted time after a buyer executes a contract.
How much for a home inspection? See below for details.
APPRAISAL
Within an allotted time after a buyer executes a contract the mortgage lender may request the buyer to pay for the cost of an appraisal.
How much for an appraisal? See below for details.