When purchasing a home, you not only need money for a down payment, but also for closing costs as well. Closing costs are the transaction related costs to purchasing a home. Generally speaking, closing costs run about 2% of your purchase price.
When applying for a mortgage, the lender is required by law to give [...]
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Closing Costs Explained
Posted in Closing Costs, Closings on Dec 21, 2006 | 3 Comments »