If your either a buyer or seller be prepared for the closing cost fees.

Here are some of the Buyers closing cost fees you can expect:

  • Fees for obtaining a mortgage
  • pre-paid interest on the new loan
  • Recording charges
  • Inspection costs
  • Homeowners insurance
  • Property taxes (prorated)
  • Transfer taxes
  • Title insurance and settlement fees
  • Attorney’s fees

Sellers are typically expected to cover closing costs like:

  • Loan payoff fees
  • Real estate commission
  • Doc preparation fee for the Deed
  • Transfer taxes
  • Title insurance and settlement fees
  • Attorney’s fees.

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