Tag: Closing Costs

Posted on 08/15/2021
The Benefits and Disadvantages of Seller Concessions
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...
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Posted on 08/08/2021
What It Costs to Sell Your Home: Closing Costs for Sellers
Photo by Burst from Pexels In real estate, closing cost refers to the total amount of money due at time of purchase. This cost is usually equal to a small percentage of the total purchase price but can vary based on state, county and other factors. Sellers handle a portion of the closing costs which can sometimes be...
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Posted on 05/03/2020
Recording Fees 101: What They Are & What They Mean for You
Photo by Steve Buissinne via Pixabay There are a variety of different terms that you must become familiar with as you purchase a new home. You have to pay an application fee, underwriting fees, titles fees and more. But one that seems to leave many buyers scratching their heads is the recording fee. A recording fee is a...
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