How Much Does It Really Cost to Buy a Home?

We all can find out a home’s price pretty easily, but what about its cost? I’m breaking down all the costs of buying a home today so that you’re better prepared when the time comes for you to make a purchase. Earnest money is typically around 1% to 2% of the home’s purchase price, which adds up to $5,000 on a $400,000 home. To learn more about all the costs you need to prepare for, watch this short video.