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seller paid closing costs: Common Closing Costs for Buyers
- 08/03/10 10:45 AM
Common Closing Costs for Buyers You'll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. Pickford Escrow will tell you the required amount for: · Down payment · Loan origination · Points, or loan discount fees, which you pay to receive a lower interest rate · Home inspection · Appraisal · Credit report · Private mortgage insurance premium (if applicable) · Insurance escrow for homeowner's insurance, if being paid as part of the
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