Watch Out for These Closing Costs When Buying a Home

By Kristin Wong on Two Cents, shared by Whitson Gordon to Lifehacker

Watch Out for These Closing Costs When Buying a Home

On average, closing costs make up two to five percent of the purchase price of a home. Two percent doesn’t seem like a high number, until you remember that houses are pretty expensive. With the average home price at $152,000, that means you can expect to pay an extra $3,000 to $7,600. And that’s just on average. This can be quite a surprise to new homeowners, so here’s a round-up of closing costs to watch out for.

Source: Lifehacker