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Real Estate Tips

Closing or Settlement >Closing Costs

If you are in the process of buying a home, you have probably figured out how much you will need for the down payment, but don't forget about the closing costs associated with the purchase of any property. These additional costs can add up to a significant amount.

Closing costs will vary, depending upon the costs of financing your home loan and the time of the month that you close. Your real estate agent will be able to give you an estimate of all these costs, including the points on your loan, private mortgage insurance (if required), the title search, title insurance, attorneys' fees, and any transfer taxes or recording fees changed by local government agencies. There may also be property taxes, homeowners' association fees and insurance that must be prepaid.

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Real Estate Trivia

Q 
What was the first land designated by the US government as a National Park?

A 
Yellowstone was established "as a public park or pleasuring ground for the benefit and enjoyment of people" in March 1872.
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Jennifer Ace, REALTOR®, real estate agent and broker for Stroudsburg and East Stroudsburg, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT

Jennifer Ace
RE/MAX Crossroads

1 Landmark Center
East Stroudburg, PA 18301
570-460-3111
Fax: 570-424-8852
jenniferace@NUMBER1EXPERT.com


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