Buying a home can be confusing, especially for first-time buyers who have never been through the process before. One frequently misunderstood area is closing costs. Many buyers don’t know what to expect or how much they will have to pay. Here is some important information that may help you prepare.
Closing costs include all of the expenses and fees associated with buying a home. They may be charged by the lender or other third parties for services rendered. This list outlines some of the most typical costs and when they are due.