inspection: Buyer's Closing Costs
- 12/21/20 08:25 PM
Ideally, each party will pay their own closing costs associated with the purchase and the sale of a home, but they can be negotiable based on lender requirements and market conditions. The fees are usually paid at the settlement and will be itemized on the closing statement. Buyers should be aware of them before contracting for a home. If a mortgage is involved, the lender will want to verify that the borrower has ample funds available at closing to pay for them. Buyer's closing costs can range between two to five percent of the sales price. The real estate agents should be able … (4 comments)
inspection: Common Mistakes Made When Purchasing a Denver Home
- 04/23/11 03:29 PM
Many first time home buyers will rush into a Denver real estate agreement without thinking things through and this can end up being disastrous. Without properly assessing the residence or property first you could lose a significant amount of money. It is very common to see home buyers simply fall in love with a house and purchase it without getting it properly inspected. In some cases the new homeowner may end up being stuck with a house that is beautiful on the outside but failing apart behind the walls. A “good deal” is a house you love and payments you … (0 comments)
Ideally, each party will pay their own closing costs associated with the purchase and the sale of a home, but they can be negotiable based on lender requirements and market conditions.
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