Closing Costs For Buyers in Nevada

Closing Costs in Nevada How much does it cost to buy a home? Many home buyers, especially first time home buyers do not have a clear understanding of what it costs to purchase a home. Your down payment amount is based on the type of loan you have and the sales price minus the earnest money deposit. A FHA loan is typically 3.5% of the purchase price, conventional loans range from 5% to 20% down. ¬†There are many different type of mortgages/loans¬†and your lender and Realtor can explain which … [Read more...]

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