ABCs of Mortgage: C


[MUSIC PLAYING] Closing costs. These are expenses beyond
the property purchase price. Besides your down payment,
these are all the fees you pay when you’re ready to
get the keys to your house. This usually falls within 2% to
5% of the cost of your house. Closing costs include things
like mortgage insurance, homeowner’s insurance, appraisal
fees, and property taxes. [MUSIC PLAYING]

Paul Whisler

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