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Real Estate Jargon Explained
Dated: January 4 2021
Closing costs are expenses to transfer ownership outside of the Price of the property.
There are four categories of closing costs:
- Lender Costs - such as loan origination fees and underwriting
- Third-Party Expenses - such as inspections and appraisal
- Legal Fees - such as attorney and title fees
- Pre-Paid Expenses - such as homeowner's insurance and property taxes
I obtained my real estate license after falling in love with the adventure of buying and selling homes. I quickly realized that my heart is in serving my clients and helping them through their own hom....
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