How much does Knock charge?

With Knock, you purchase your new home before you sell your old house. When you close on your new home, you’ll pay a 1.25% convenience fee (unless you opt to roll this into your mortgage) in addition to regular closing costs. Typically, closing costs include but are not limited to: attorney and escrow fees, lender fees, taxes, insurance, title. You will also pay real estate commissions which will be determined by you and your agent. When your listing sells, you’ll simply pay Knock back for monies we advanced to you during the Home Swap Process, such as:

• Old mortgage payments covered for up to 6 months
• Any home preparation costs Knock advanced on your behalf
• Down payment assistance provided on your new home