Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be additional costs associated with your purchase other than the price of the home.

Here are 5 fees to keep in mind as you begin to budget.


This is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. Generally, you can expect to pay between $300 to $500 depending on the home and the location.


Title services encompass the transfer of the title from the seller and a thorough search of the property’s records to ensure no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home. 


Before getting a loan, you will likely be required to get an appraisal of the home to determine its estimated value. This will be conducted by a third-party company and the cost can land anywhere between $300 and $1,000, depending on the size of the home.


Many communities have a homeowners’ association that enforces monthly fees. This money is used for general maintenance and updates to areas like pools, parks and more. HOA fees can cost $100-600 per year depending on the subdivision.


The taxes each buyer pays at the closing table differ, but it is not uncommon for it to be up to two months’ worth of county and city property taxes. Additionally, there may be taxes for the transfer of the home title. 

Purchasing a home is fun, but it can also be overwhelming when trying to understand all the various fees that are often overlooked when browsing homes for sale. Your real estate agent can walk you through all the different fees you will need to pay up front versus the costs that will be configured into your monthly payment. If you have questions or want to know more about any of these fees, contact me today! 

Call or text (402) 706.2901 or email me at creeve@npdodge.com