Real Estate Glossary

What is Estimated Gross Costs of Buying?

When buying a property, there are various costs that a buyer must take into account. The estimated gross costs of buying is a way of calculating all the expenses associated with a real estate purchase, such as the down payment, closing costs, and any pre-paid expenses. This total cost gives the buyer an idea of the overall expense they should expect to pay, and helps them budget for the purchase. This also includes any potential home improvements you want to make after buying the property