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What are the typical closing costs for homebuyers?

April 26, 2017closing costs homebuyers

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What are the typical closing costs for homebuyers?

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Your mortgage company will provide you a Good Faith estimate of your closing costs. The typical costs will include, origination fee of your mortgage, appraisal of the home, one year of homeowners insurance, establishing escrow accounts for future tax and home insurance payments, attorney fees, recording fees, home inspection and termite inspection fees etc.