Buying your first home in Chevy Chase Maryland requires guidance from a specialist who knows local market conditions and Maryland law. Maryland offers specific programs like the Maryland Mortgage Program which provides down payment assistance up to 5% of the purchase price. A specialist can help you navigate these options and the state required settlement process.
What Does a First-Time Home Buyer Specialist in Chevy Chase Cost?
Typical costs for a first-time home buyer specialist in Maryland range from 1% to 3% of the purchase price as part of the real estate commission. Additional costs include title search fees which average 200 to 400 dollars and settlement fees around 500 to 1,000 dollars. Maryland also requires a 0.1% transfer tax on the sale price. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
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