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Скачать или смотреть Buyer Closing Costs Explained: What’s on the Closing Statement?

  • Kime Realty | Michigan Real Estate
  • 2024-02-28
  • 36
Buyer Closing Costs Explained: What’s on the Closing Statement?
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Описание к видео Buyer Closing Costs Explained: What’s on the Closing Statement?

Buying a home is exciting—but the buyer’s closing statement can be confusing if you’ve never seen one before. In this video, Wendy Kime explains the buyer’s side of the closing statement, breaking down the most common fees, costs, and line items buyers see on closing day.

If you’re buying a home in Southeast Michigan, understanding your closing costs ahead of time can help you budget properly and avoid last-minute surprises. Wendy walks through the closing statement in plain language so you know what you’re paying, why, and how to plan for it.

In this video, you’ll learn:

What a buyer’s closing statement is and why it matters

Common buyer closing costs and fees

How lender charges, prepaid items, and escrows work

What do prorations and credits mean for buyers

How to estimate your total cash needed to close

This video is especially helpful for first-time home buyers, but even experienced buyers can benefit from understanding how closing costs are calculated and presented.

This video is part of our “Buying a Home in Southeast Michigan” playlist, created to help buyers feel confident, prepared, and informed throughout the entire home-buying process.

📍 About Kime Realty

Kime Realty is a family-owned real estate brokerage that has proudly served Southeast Michigan since 1993. Wendy and Greg Kime have helped over 2,000 families successfully buy and sell homes across four counties by providing honest advice, clear communication, and proven guidance every step of the way.

🔗 Helpful Links & Contact Information

🌐 Visit our website: https://www.kimerealty.com/

📧 Email us: [email protected]

📞 Call or text: (734) 446-5744

👉 Thinking about buying a home? Reach out for help understanding closing costs, loan options, and what to expect before closing day.

👉 Subscribe for buyer tips, market updates, and real estate advice specific to Southeast Michigan.

Timestamps:
0:00 — Introducing today’s topic

0:25 — Property Details

0:40 — Proration of Taxes

1:07 — Loan Charges

1:35 — Government Recording and Transfer Charges

2:10 — Commission

2:20 — Title Fee Charges

3:20 — Miscellaneous Fees

3:50 — Total Due at Closing

4:10 — Wrapping up

Learn more: https://michiganlivingblog.com/

#KimeRealty #RealEstate #PlymouthMI #realestateclosing



🔻CONTACT INFO🔻

👉Get a Home Valuation
https://www.kimerealty.com/sellers/ho...

👉Search All Homes
https://www.kimerealty.com/

Greg Kime, Broker/Owner
Wendy Kime, Associate Broker/Owner

Kime Realty
409 Plymouth Road, Suite 260
Plymouth, Michigan 48170

(734) 446-5744
[email protected]
https://kimerealty.com/

🔻FOLLOW US 🔻

Facebook:   / kimerealtyllc  
LinkedIn:   / greg-kime-79b68b14  
Instagram:   / soldwithkimerealty  
Twitter / X: https://x.com/greg_kime

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