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eBook details

• Title: Closing Costs 101: Breaking Down What All Those Fees, Lingo Mean (At Home)
• Author : The Virginian Pilot
• Release Date : January 28, 2008
• Genre: Reference,Books,
• Pages : * pages
• Size : 58 KB

Description

AS MARKETS SHIFT, MANY home buyers and sellers often face the mortgage industry's version of "sticker shock" or value adjustments. [paragraph] When you're buying a home and the seller is non negotiable, you need to be prepared to pay the closing costs. In general, closing costs are the fees and taxes associated with purchasing a home. Depending on the loan, they can easily add up to thousands of dollars or typically 2.5 percent of the sales price including your escrow fees.

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