As a buyer, you are responsible for certain costs associated with the purchase of your home. Everyone knows you must pay the purchase price, usually in conjunction with a mortgage. In addition to this amount of money, you will also need to pay closing costs. These are fees charged by the lender, title company, and other parties involved in the transaction. They can add up quickly, so it is important to be prepared. Here are some basics on closing costs for buyers that everyone should know to prevent expensive surprises. What Closing Costs Exist? While sellers also have closing costs... read more