what arehome buyer responsible for in closing costs in state of new jersey ?
Additionally, while not closing costs, per se, you may be responsible for escrowed taxes and insurance for the mortgage company, municipal taxes (prepaid by the seller and or for the coming quarter), title insurance. You may also pay for oil left in the tank if applicable! These things add up. Make sure you will have cash to cover it!! Ask an agent for sample HUD-1’s aka closing statements for your town.