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Buying/selling a home can be stressful. For sellers waiting is the hardest part as the buyer works behind the scenes. Sellers breathe a big sigh of relief once a buyer's loan has been approved. For this one, it is time to exhale...the loan is approved! Let's schedule the closing.
Typical buyer costs:
Owner's title policy
Title search fee
Lien/municipal lien search
Fees associated with a mortgage:
Recording fees
Lender fees
Appraisal
Credit report fee
Escrow prepaid
Lender's title policy
Other settlement charges
Owner's title policy
Title search fee
Lien/municipal lien search
Fees associated with a mortgage:
Recording fees
Lender fees
Appraisal
Credit report fee
Escrow prepaid
Lender's title policy
Other settlement charges
Typical seller closing costs:
Brokerage commissions
Transfer tax on the deed
Recording fee
Brokerage commissions
Transfer tax on the deed
Recording fee
