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What are closing costs and how do you calculate closing costs?

Sagot :

KaeRogers

Answer:

Closing costs are fees paid at the closing of a real estate transaction. Typically home owners will pay between 2 to 5 percent of the purchase price of their home in closing fees. So, if your home cost $150,000, you might pay between $3,000-$7,000 in closing costs.

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