Tag Archives: Closing

Resource Video: Buyer Edition

What are Discount Points? Discount points are a kind of prepaid interest that a borrower pays as an upfront fee to their lender at the time of closing. By paying discount points you pay more upfront, but receive a lower …
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Closing Costs: How Much Do They Cost?

When buying a home, costs involved include more than just the mortgage; you’ll also pay closing costs. Closing costs are also known as settlement fees and are paid when obtaining a mortgage. People representing your home-buying purchase charge you fees …
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What Can You Expect for Closing Costs?

First of all what are closing costs? Closing costs are the fees paid to third parties that helped facilitate the sale of the home. You can estimate that the closing costs will typically total two to seven percent of the …
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Closing on Your Home? Here’s What NOT to Do!

The best part about closing on your new home is checking off the boxes. The loan is approved. The contract is signed. The title is clean. The closing date is set and all that is left is the actual closing …
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