Valencia CA real estate buyers and closing costs for homes

    When you are buying a home in Valencia California, you are going to be tasked with paying

    closing costs for real estate agents
    closing costs for home buyers

    closing costs.

    What are closing costs when it comes to buying real estate and homes? They consist of three things for a Valencia CA real estate home buyer.

    As they consist of those three things for home buyers that are not only in Valencia CA but also in Santa Clarita CA, Los Angeles and within the other Cities in the United States.

    During our REMAX of Valencia CA Crash Course on real estate and homes, held in our REMAX of Valencia CA offices, we go into a detailed explanation of how closing costs work and that they consist of.

    During your real estate venture, you will see they consist of three things:

    • Lenders Fee – What your lender is charging you to lend you the money to buy a home, condo or town home.
    • Title Fee – As part of every real estate transaction, there is something called Title insurance. It is an actual insurance policy that protects you and your real property against “thief’s” wanting to say you owe them money when you do not. They attempt to enforce this ‘con’ by placing a lien on your home, condo or town home.
    • Escrow Fee – When you are buying a home, condo or town-home in California, you are going to have the transaction go through a neutral third party known as escrow. The fee for this is typically 1% for the real estate seller and you, the real estate buyer.

    While these closing costs can vary from 2-4% – they are typically around 3% or less of the purchase price of the home, condo or town-home you are buying.

    They can be paid by the real estate buyer, but we do a great job at having them covered for our clients as being negotiated within their home purchase.

    OMT – when you are ready do write an offer on a home you are wanting to purchase. Make sure you are having more than “verbal” comps given to you. We give our clients the “real deal” when it comes to providing sold and closed listings to compare them to.

    In the business world РVerbal is nothing РVerbal is something that is unenforceable.  Make sure your real estate agent gives you the comps and comparable listings via tangible items Рsomething you can show if need be to others in your sphere of influence.

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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