Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is meant by “closing costs”?

closing costs meant
0
Posted

What is meant by “closing costs”?

0 CommentsAdd a Comment

1 Answer

0

These are costs that are charged to the buyer by various entities within a particular jurisdiction, due at the time you take possession of the property. These can include lenders insurance fees, title fees, loan and document processing fees, escrow charges, and other costs.

0 CommentsAdd a Comment
What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123