Tag Archives: Closing Costs

Getting a handle on closing costs

You have scrimped and saved for years and now you have money in the bank for a down payment on a property. But before you rush into the market, consider this. What many homebuyers don’t take into account are the extra expenses that lurking in the closing costs. Closing costs can equal 3 percent of your purchase price in many cases, and sometimes even more depending on the price range. There are many costs that can fluctuate daily, from government charges like transfer stamps to attorney or title company fees. Closing costs cannot be avoided and everyone will have their …

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