Budgeting for closing costs is important.

The Lawhead Team would like to share the latest One Cool Thing about closing costs and what you need to know to plan for them when buying a home.

Closing CostsClosing costs make up anywhere from 2-5% of the home’s purchase price. It’s critical that buyers budget for closing costs to avoid sticker shock days before closing.

Below are the different fees included with closing costs:

Source: NATIONAL ASSOCIATION OF REALTORS Economists’ Outlook