Buying a York County, SC Home - Closing Costs

Estimate Your South Carolina Closing Costs & Expenses

As a York County SC home buyer, you can expect closing costs at the time of purchase.  Knowing what costs home buyers incur can help you determine how much cash you may need and the price home you can afford.  You must anticipate and budget for expenses that will occur. 

Your lender Good Faith Estimate and the Rock Hill real estate agents at Homes in the Piedmont will help you estimate and quantify the costs specific to your situation and the home you selected.  Below is a list of the most common expenses and fees.

Lenders Requirements

• Appraisal
• Loan Origination Fee
• Credit Report
• Processing Fee
• Tax Service Fee
• Flood Certification Fee

Prepaids

• Interest
• PMI (Private Mortgage Insurance)
• Hazard Insurance for One Year

Escrows

• Hazard Insurance
• PMI (Private Mortgage Insurance)
• Taxes
• HOA Dues

When your offer to purchase is accepted, some very important steps and deadlines occur.  Your Realtor at Homes in the Piedmont will cover these when the contract is written, and you will ensure that each deadline is met.  Let's take a look at what occurs when the contract is signed.