Closing costs are the expenses beyond your down payment, and they surprise many first-time buyers. Knowing the categories helps you plan.
Common categories
- Lender fees: origination, underwriting, and appraisal charges.
- Title and attorney fees: title search, title insurance, and the closing attorney.
- Prepaids: homeowners insurance and an initial deposit toward property taxes.
- Government charges: recording fees and, in Georgia, an intangible recording tax on certain financed purchases.
How to plan
Ask your lender for a Loan Estimate early and compare it across lenders. Ask your agent whether it is reasonable to negotiate a seller credit toward your costs in your market and price range.
Ready to start your search? Search Metro Atlanta homes, browse our properties, or contact Nil Patel Real Estate to talk through your plan.
This article is general information, not legal, tax, or financial advice. Loan programs, rates, and local rules change, so confirm details with your lender, attorney, or tax professional. Nil Patel is a licensed Georgia real estate salesperson with Keller Williams Realty Atlanta Partners.