Closing Corp Conducted Survey - Click Here
17% of Buyers did not know that there was such a thing as closing costs
35% thought closing costs would be much lower
What is the average rule of thumb for closing costs?
According to Freddie Mac,
“Closing costs are typically between 2 and 5% of your purchase price.”
Bankrate.com compiled the average closing cost per state based on a $200,000 purchase with 20% down.
Example of Actual Closing Costs / Pre-Application Worksheet Overview