Tag: Closing Costs

Posted on 07/24/2022
Average closing costs for buyer: What homebuyers should expect
When preparing for a new home purchase, it’s crucial to plan for the average closing costs for buyer hopefuls on a budget. Closing costs are made up of various service charges associated with the entire home buying process, including appraisals and title paperwork. Because closing costs can add up to thousands of dollars, it’s helpful to prepare for...
+ 12 more
Read More
Posted on 04/03/2022
Here's What Sellers Need to Know About Closing Costs
In a home purchase, both the buyer and seller need to pay closing costs. These costs are made up of several individual expenses from different sources and the list can look staggering at first glance. While the buyer typically has the longest list of fees to pay, sellers are still responsible for part of the bill. Here we’ll...
+ 5 more
Read More
Posted on 10/17/2021
Understanding Seller Concessions: Benefits & Disadvantages
Image by Sephelonor from Pixabay Buying a home is a complicated transaction with many expenses. Part of the transaction involves closing costs, which vary in amount depending on the situation. One way to reduce the closing costs for the buyer is to ask for a seller concession so that the seller pays a portion of the closing costs...
+ 7 more
Read More
Posted on 03/15/2020
A List of Closing Documents an Attorney Can Help You Review and Understand
Photo by Rafa Bordes via Pixabay Real estate closings could be quite simple at one end of the spectrum or very difficult at the other end. In most cases, you will need to understand the legal ramifications of signing several documents, including the note, mortgage, transfer of title, mineral rights, title insurance and tax documents. If your closing...
+ 1 more
Read More