Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don’t forget there will be other costs associated with your purchase then the price of the home. Here are 5 fees to keep in mind as you begin to budget.
Fees to Expect When Buying a Home
- Home inspection. This is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. Generally, you can expect to pay between $300 to $500 depending on the home and the location.
- Title services. Title services encompass the transfer of the title from the seller and a thorough search of the property’s records to ensure to no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home.
- Appraisal fee. Before getting a loan, you will likely be required to get an appraisal of the home to determine its estimated value. This will be conducted by a third-party company and the cost can land anywhere between $300 and $1,000, depending on the size of the home.
- HOA fees. Many communities have a homeowners’ association that enforces monthly fees. This money is used for general maintenance and updates to areas like pools, parks, and more. Typical HOA fees are around $200 per month.
- Taxes. The taxes each buyer pays at the closing table differ, but it is not uncommon for it to be up to two months’ worth of county and city property taxes. Additionally, there may be taxes for the transfer of the home title.
Homes in Prescott , AZ Available Now
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12880 N Stella (Lot 138) Road , Prescott 86305
$927,095
Bedrooms: 3
Baths: 3
Sqft: 2,557
MLS: #1036507
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
12765 N Stella (Lot 149) Road , Prescott 86305
$725,900
Bedrooms: 3
Baths: 3
Sqft: 2,557
MLS: #1036467
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
6070 W Frederick (Lot 163) Road , Prescott 86305
$715,900
Bedrooms: 3
Baths: 3
Sqft: 2,557
MLS: #1036470
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
5850 W Freda (Lot 175) Circle , Prescott 86305
$778,900
Bedrooms: 3
Baths: 3
Sqft: 2,557
MLS: #1036471
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
1437 Hollowside Way , Prescott 86305
$964,000
Bedrooms: 3
Baths: 3
Sqft: 2,737
MLS: #1031520
Broker: Sands Realty
12955 N Stella (Lot 160) Road , Prescott 86305
$711,900
Bedrooms: 3
Baths: 3
Sqft: 2,557
MLS: #1036468
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
3150 Simpson Lane , Prescott 86301
$245,000
Bedrooms: 2
Baths: 2
Sqft: 1,249
MLS: #1036162
Broker: Realty Executives AZ Territory
561 S Walnut Cove Trail , Prescott 86303
$359,900
Bedrooms: 3
Baths: 2
Sqft: 2,064
MLS: #1036220
Broker: Realty ONE Group 04
5895 W Tita (Lot 133) Road , Prescott 86305
$739,500
Bedrooms: 3
Baths: 3
Sqft: 2,557
MLS: #1032776
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
739 Ruth Street , Prescott 86301
$435,000
Bedrooms: 4
Baths: 2
Sqft: 2,004
MLS: #1035624
Broker: Iannelli and Associates
140 N Horizon Circle , Prescott 86303
$600,000
Bedrooms: 3
Baths: 3
Sqft: 3,050
MLS: #1035229
Broker: West USA Realty of Prescott
8150 S Poachers Row , Prescott 86303
$324,999
Bedrooms: 3
Baths: 3
Sqft: 1,960
MLS: #1035493
Broker: My Home Group
1745 W Kelly Drive , Prescott 86305
$750,000
Bedrooms: 7
Baths: 4
Sqft: 4,769
MLS: #1031727
Broker: Southwest Property Sales Lsing
5585 W Corliss (Lot 99) Circle , Prescott 86305
$569,765
Bedrooms: 2
Baths: 3
Sqft: 2,081
MLS: #1035079
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
12510 N Sofia (Lot 129) Circle , Prescott 86305
$600,900
Bedrooms: 2
Baths: 3
Sqft: 2,081
MLS: #1035080
Broker: Better Homes And Gardens Real Estate Bloomtree Realty
Listing information is deemed reliable, but not guaranteed.
IDX Solution Provided by iFoundAgent.com 2021
PAAR Listing Data last updated 3/5/2021 5:20 PM MST.
Prescott Arizona area Real Estate Team – Julie and Dennis Jennings
Make us your number one Real estate Team for Prescott Arizona. We show dedication to finding the very best homes for you. Contact us anytime, and we would be glad to show you any homes in the Prescott Quad City Arizona area.
