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Closing Costs: How to Have Enough Money for This Expense
By Reginald Sullivan | September 11, 2006
You’ve assembled the funds to make a down payment on your house. There may be myriad costs to be paid by you at the closing table. This depends on the geographical location of the purchase, the type of financing you have acquired, as well as the kind of lender providing the financing.
Some experts say closing costs can be as much as 2 to 6 percent of your loan.
It is wise to ask the mortgage representative to supply a Good Faith Estimate of the expected fees associated with the loan for which you will be responsible.
Make sure your real estate agent provides you with an accurate compilation of other expenses before you get to the settlement table.
Real Estate Bibb County Georgia
Topics: Articles, Buyers/Sellers Tips |