The number one thing I hear complaints about in a real estate closing is Closing Costs.
In your closing disclosure is where you will find the breakdown of these costs. All fees, inspections, title search, or other payments that need to be made will be listed one by one on the closing disclosure.
Mortgage closing costs run from 2% to 5% of the loan cost, including prepaying for your property taxes, mortgage insurance and more.
Find out more about closing costs from Tiffany Webber in this video!
00:00 - Closing Costs
0:50 - Section A: Lender Fees
01:07 - Section B: Services Not Shopped For
01:30 - Section C: Services Shopped For
02:21 - Section E: Recording and Taxes
02-55 - Section F: Prepaids
03:19 - Section G: Escrow Accounts
03:53 - Misc/HOA
Did you miss our previous article...
https://legalvideos.club/real-estate-attorneys/do-buyers-really-need-a-real-estate-agent-a-lawyers-perspective