When preparing for a new home purchase, it’s crucial to plan for the average closing costs for buyer hopefuls on a budget. Closing costs are made up of various service charges associated with the entire home buying process, including appraisals and title paperwork. Because closing costs can add up to thousands of dollars, it’s helpful to prepare for...

In a home sale, both the buyer and the seller have to pay what are called closing costs. These final expenses include an entire list of taxes, fees and other miscellaneous costs. While sellers usually pay some of the closing costs, buyers still need to prepare for their share of the bill. Here we’ll go over what the...

Photo by Burst from Pexels In real estate, closing cost refers to the total amount of money due at time of purchase. This cost is usually equal to a small percentage of the total purchase price but can vary based on state, county and other factors. Sellers handle a portion of the closing costs which can sometimes be...