closing costs: UNDERSTANDING CLOSING COSTS
- 12/09/13 01:06 AM
Closing costs should not be intimidating or misunderstood. They should be explained to the client at the beginning of the home buying or selling journey. Of course closing costs are going to be different in each and every real estate transaction. Each brokerage, state, city, title company, etc.. have different, if only slightly, taxes and fees. As an agent, it is easy to estimate and get pretty close. An itemized list is the easiest way. This is the closing cost list in DC. BORROWER -Broker fee (if any)-paid to the brokerage for admin fees. -Loan Origionation Fee- Paid to the Lender (0 comments)