Remove Finance Remove Mortgages Remove Natural hazards disclosure Remove Seller concession
article thumbnail

How Much Are Closing Costs in California?

HomeLight

But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. Others, such as origination fees and interest, are directly related to obtaining a mortgage. The rate could go from 7% to 6.5%

article thumbnail

What You Need to Know About Selling Your House in California

HomeLight

Mortgage loan payoff. The closing costs for a median price home in California ( $839,460 ) — when a typical mortgage payoff is involved — may be more than 50% of the home’s sale price, or more than $400,000. Closing Disclosure if the buyer purchases the home with a mortgage. Other terms that the buyer and seller agree to.