*Estimate only, see details here.
Closing Costs are additional expenses and fees on top of a home’s purchase price that a buyer must pay, such as title insurance, taxes, lender costs and homeowners insurance. When you buy a home with Torii, we use part of our commission to pay for closing costs and save you thousands. Learn More
We pay for closing costs,
so you get thousands of
dollars back when you close.
Real estate agent, attorney,
title insurance, and appraisal,
all provided free of charge.
Search for homes, schedule
showings, make an offer, and
more, all from our mobile app.
Where can I use Torii?
What are closing costs?
Closing costs are extra fees on top of the price of the home that you have to pay to complete the sale. These can include loan origination fees, appraisal fees, title search, title insurance, surveys, taxes, deed-recording fees, credit report charges, and more. When you use Torii, all of those costs are paid for. To see a full breakdown of each closing cost/fee, try our our Closing Cost Calculator.
No closing costs? How?
Normally, when you buy a home, your real estate agent gets paid with a percentage of the sale (usually 2-3%), called a "commission". Torii's agents are paid on salary rather than commission, which allows us to use part of the commission to pay for your closing costs and save you money!
There are a few things that you may be required to pay in advance when you buy a home, such as prepaid property taxes and homeowner's insurance. Torii doesn't cover those costs. We also cannot cover mortgage points, which are optional fees paid directly to a lender in exchange for a reduced interest rate. Other than that, Torii will cover all of your closing costs.
Does Torii work with any home?
Yes, as long as the property is on the market and meets our minimum price limit so that we can make at least $5,000 to cover our operating expenses. For example: Your house costs $600,000, and the real estate commission is 2.5%, or $15,000. We'll pay for up to $10,000 of your closing costs.
Does Torii act as my real estate agent?
Yes, Torii provides you with a licensed expert real estate agent to work with you throughout every step of the home buying process. This will include help with your home search, scheduling/attending showings with you, as well as preparing your offer and price negotiation when the time comes. And, in addition to your dedicated agent, you'll have the entire Torii Team working behind the scenes to ensure your home buying process is smooth, enjoyable, and successful.
Search for homes, schedule showings,
make an offer, and track progress.