Buyer Closing Costs

Closing costs for buyers can run in the tens of thousands of dollars. Before you buy your next home, talk to an experienced top buyers agent. Kami has represented hundreds of local home buyers and can help explain all the costs of a transaction.

If you’re considering buying a home in the next twelve months, Kami Price, buyers specialist would love to hear what you’re looking for. Call today to set an appointment.

Kami Price, Realtor
Represented Hundreds of Buyers
Licensed since 2004

While you’re researching your next home purchase don’t forget to check out potential downpayment grants, learn about coming soon (pocket) listings, and more pertinent articles to help you buy your next home with confidence.

home closing costs buyers sellers

Home Buyers and Seller Closing Costs – Portland, Oregon Metro Area Report

April 7, 2023

Updated 8/22/2023. For some people, “closing costs” is a vague term attached to selling or buying a home. Many aren’t clear about who pays what. Educating yourself on this part of the home selling/buying process is essential for a successful and surprise-free transaction. Closing costs vary from state to state. Also, because they’re based on the cost of the home in question, closing costs in the Portland metro area will be higher than other parts of Oregon due to comparatively higher home prices in the area. Keep in mind that some of these fees are payable to the lender and others to third parties, like home appraisers and title agencies. We want to dispel some of the mystery and confusion...

title insurance costs

What is Title Insurance and Who Pays for It?

October 25, 2021

Buying or selling a home means anticipating costs, some of which are closing costs. In Oregon, most of the amount needed at closing is for title insurance. This type of insurance isn’t required by law in Oregon, however, lenders require it to ensure a smooth transition from seller to buyer and to protect their own financial interests. But the need for title insurance doesn’t end there. So, what is title insurance, and why is it important? What is Title Insurance, and Why do You Need It? Holding “title” on a home is different from having a deed to a home. The deed is the tangible piece of paper that names the owner, whereas “title” refers to the legal right to ownership,...

Home Buyer’s Closing Cost Report 2021

February 24, 2021

Closing costs, let’s face it, are not one of the most looked forward to aspects of buying a new home. They’re technical, involve multiple complex parties, and potentially put another dent in your wallet. So who’d want to talk about that too much when they could be thinking about their dream home kitchen instead? But understanding how buyer’s closing costs work can pay off big in the end. You’ll want to budget for them and know how to work with your real estate agent to get the best deal you can. If you’ve done any basic searching around for what you should expect to pay, you may see most sources quote the same figure: 2 to 5% of the sale...

title insurance closing cost estimates

Who Pays for Title Insurance? Oregon Closing Costs

September 21, 2020

When’s the last time you heard of someone losing their home because an unsatisfied heir of a previous owner laid claim to it? You probably haven’t because of title insurance, an often-overlooked component of real estate transactions. In Oregon, title insurance represents a lion’s share of the average home seller’s closing costs, but home buyers have to buy a policy, too. But let’s start with the most frequently asked question our real estate agents are asked about title insurance: What exactly is it? What is Title Insurance?  A “title” refers to the legal right to ownership; it’s an abstract concept and different from a “deed”. With a deed, you just have a piece of paper stating ownership, which is pretty...