How much does it cost to buy a house in Fort Rucker or Daleville Alabama 

When purchasing property in the Daleville real estate market you need to know exactly how much funds you'll need either in financing for out-of-pocket. We want to make your home buying experience easy that here's a breakdown of exactly how much you mean to purchase the property. Of course, the major factor is how much home your point by but here's a good breakdown of the percentages based on the list price of the home.

• Purchase Price
• Earnest money deposit, which is 1 to 3% of the list price of the home. Example: if the home is $200,000 a reasonable earnest money deposit would be between $2000 and $4000. However, earnest money deposits can be as little as $500. The more risk you are willing to take, which could benefit you by appearing more appealing to sellers. The earnest money deposit will be in the form of a cashiers check, money order or personal check and will only be deposited once there is mutual acceptance on the purchase and sale agreement. These fees will be deposited either with escrow or with your brokerage and will be put towards the final payment of the purchase of the home.
• Inspection costs. Inspection costs are out-of-pocket and typically run between $250 and $800 depending on the type of inspection. Additional inspections, such as past, roof, foundation, septic, or other specialized inspections may cost more only if needed. These fees will be paid directly to the inspector.
• Closing costs. Closing costs are anywhere from 1% to 4% of the purchase price of the home and include miscellaneous fees such as courier fees, appraisal fees, title and escrow fees, credit checks, lender's fees, any points paid to bring down the interest rate on your loan and loan application fees. These are typically paid at closing or signing and may be built into the purchase of the home if the property appraisers for higher than the list price.
• As a buyer you won't have to pay for your buyers agent commissions. These will be paid directly to the buyers agent and the listing agent from the seller.

This is a short breakdown of what you'll pay as a homebuyer in Daleville Alabama. We want to make sure you fully understand everything that is involved in purchasing a home. If you ever have any questions or don't understand something, feel free to ask at any time.

Read more: Should you really buy a Vacant home or property?