Anytime you purchase a property the biggest cost is going to be the amount the lender charges. This will vary depending on the terms your lender is offering. If you have the means, paying in cash will certainly save you in the thousands. Most of our Canadian friends pay cash because your dollar has been so strong.
In addition to the lenders fee, you will have a list of other costs to close. These could include:
1. Home Inspection
2. Termite Inspection
4. Title Insurance
5. Recording fee for deed
6. HOA (Homeowners Association) or Condo fee
7. Homeowners Insurance
8. Property Taxes
9. Title Company fee
If you purchase in a gated community you could have a CDD (Community Development District Tax) or special assessments. These are basically fees each homeowner in the community might pay to offset initial infrastructure (roads, utilities etc) costs. Not all communities have these so make sure to ask your Pinnacle Property agent for clarification. We can let you know if there are any additional costs above and beyond you may not know about.