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Closing Costs

Closing costs are the thousands of dollars in fees associated with getting a mortgage or refinancing a home loan and typically amounts to 2 percent to 5 percent of the loan principal but can vary by state.

Latest Closing Costs Articles

Both do, but not equally. Here’s how to negotiate who pays what. Property values are soaring in the First State — but sellers here will pay a high price in closing costs. There are hurdles to clear when purchasing a home, including the title search. Depending on the market, seller concessions don’t always pan out for the buyer. If you’re shopping for a mortgage, you’ll likely come across the term “APR.” Across the U.S., here’s what buyers in different age groups are really paying. These loans appeal to house flippers or those with unusual situations. It’s not complicated, but it involves several steps. Here’s how to navigate them. It’s an often-inescapable fact of homebuying and homeowning life. Real estate transfer taxes are different from property tax, estate tax and gift tax.

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