The Ultimate Guide to Closing Costs

Just like when you purchase a car, the listed price of the home does not include the additional fees. Essentially, the "sticker price" is not the out-the-door price. For home purchases, these additional fees are lumped together and called "closing costs." Here are the fees you can expect to pay in the final stretch of your home purchase. Closing Costs Explained Closing costs cover the expenses that finalize your home loan, whether its a purchase or a refinance. Most of the closing costs responsibility falls on the buyer. However, the seller will pay a few as well, such as their real estate agent's commission. If negotiated, the seller may also cover all or part of the buyers closing cos

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