Be Aware of Closing Costs

Oct 16, 2015

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The average closing costs to buy a home in Colorado are $1,910, according to a survey by Be sure you are working with a Realtor(R) who can help you be sure you are not overpaying.

The survey asked for costs for a buyer with excellent credit for a $200,000 single-family home mortgage loan, with a 20 percent down payment from up to 10 lenders in each state.

Colorado may be the 12th highest in the country, but there wasn’t a big spread across the country when it came to closing costs, which averaged $1,847.

In Colorado specifically, the survey determined that average origination fees were $1,192 and third-party fees were $719. The government has once again changed the way these costs are shown to buyers in an effort to help buyers understand for what they are paying. The point is that the costs can vary and buyers should shop for the best deals and best rates.

Here at Alaris, knowledge is key. We’re here to help you through the entire process and have a vast amount of knowledge and experience in the real estate market. Please read about our committed team. We would enjoy helping you buy a home and each of us will do our utmost to make sure you have a smooth transaction where you are fully informed.

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