Closing Costs: What should buyers expect?

The Anderson Group

If you’ll be buying a home in the future, you’re probably already thinking about and saving up for the down payment.  But many people (especially first-time home buyers) forget about the other miscellaneous costs that come with closings.  To avoid that closing-day shock when faced with the list of costs associated with buying your home, here are the major/common costs you’ll encounter in a typical home closing…

{Please note that this list of closing costs can vary depending on certain factors such as paying cash for a home.  Also, as far as who pays what, there are no laws that state which closing costs the buyer vs. seller must pay.  For buyers with questions about which specific closing costs apply to them, they are advised to contact their mortgage banker or the financial institution that’s providing the loan.  And prior to all closings, buyers will be provided with a Good…

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