Closing costs for buyers can be hard to estimate because so many factors are involved. The type of loan, for example, makes a big difference. However, generally speaking, a buyer can expect to pay around 3-4 percent of the sale price for closing costs. Again, every transaction is different so this is only a general estimate.
Unlike sellers, buyers do not have to pay any realtor commissions. So, if you are a buyer, we strongly suggest working with a realtor — because you will be able to utilize his or her knowledge and experience for free.
The following are some of the more common fees and expenses that buyers are responsible for paying:
To schedule a free initial consultation with an experienced Chicago real estate lawyer, contact our office online or call us toll free at 312-238-9298. Meetings can be set up for weekdays, between 8:30 a.m. and 5 p.m. We charge reasonable fees for all services.
Disclaimer: This website is for informational purposes only. It does not constitute legal advice and is not intended to create an attorney-client relationship. Please consult an attorney before acting on any information.
Bradford Miller Law, P.C.
10 S. LaSalle
Suite 2920
Chicago, IL 60603
Phone: 312-238-9298
Fax: 312-379-3163
Chicago Office
