Are You Surprised by Closing Costs?

Did you know over half of all buyers are surprised by closing costs? A recent survey indicated that over half of all buyers are surprised by the closing costs required to obtain their mortgage. Are you? Home buyers were also surprised by mortgage insurance, followed by bank fees and points, taxes, title insurance and appraisal fees. Find a map of this recently gathered closing cost data from lenders based on a $200,000 mortgage with a 20% down payment on our blog at http://blog.activeadultsdelaware.com/2017/03/02/over-half-of-all-buyers-are-surprised-by-closing-costs/