Closing costs come hand in hand with purchasing a home. For many first-time buyers, it’s imperative that you discuss with your Fulton Grace agent all of the potential fees you face prior to closing as it is undoubtedly imperative to factor into your budget when you begin looking for your first home! When the property title is transferred into your name, you can expect a few of the costs (including a handful of others) to appear that are either generated by the seller or buyer. The list below is by no means exhaustive so be sure to consult your agent early in the process to understand exactly what you will be expected to pay.
Due to COVID-19, record-low interest rates and loan assistance programs make now a great time to consider investing in real estate. The thought of looking at multiple potential properties and weighing their pros and cons can be daunting, but knowing what to look for in these properties, and their potential tenants, will not only help you decide on the right property but also if real estate investment is right for you.