Closing Costs
There are standard closing costs associated with the sale in a real estate transaction. These costs are split between the buyer and the seller, as spelled out in the sales contract.
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Standard Closing Costs
Loan-Related Costs
Loan Origination Fee
Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account
Taxes
Property Taxes
Transfer Taxes and Recording Fees
Insurance
Homeowners Insurance
Flood or Quake Insurance
Private Mortgage Insurance (PMI)
Title Insurance |