Q&A: How Much Money Do You Really Need to Buy a Home? - Swanson Home Loans

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Thinking about buying a home? In this video I breakdown 4 key areas to consider when figuring out how much money you need:

1. Professional Inspection: Expect costs around $1,000.

2. Closing Costs & Prorated Payments: Ranging from $7,000 to $20,000, but you might negotiate with the seller to cover these.

3. Buyer Representation Fee: Often negotiable with the seller.

4. Down Payment: Many loan programs offer assistance, so you might not need to save for this!

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