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When you buy a home, you will pay "closing costs" in addition to the down payment. These costs include the "points" you pay on your mortgage loan, title and hazard insurance, the title search, legal fees, and other charges imposed by the lender. These charges vary by state and county, but they usually represent a considerable amount of money.
Your real estate agent can tell you about the closing costs in your area. Ask your agent for some general figures when you begin your search for a new home, and use this information as a guideline. When you apply for your loan, the lender is required to provide you with a "good faith" estimate of the closing costs. The lender's good faith estimate is usually close to the actual amount, since the sales contract will have the price and terms of your new home spelled out. As the closing approaches, your real estate agent will give you a final figure for the check that you will bring to the closing table.
The Hotel Everest View sits at the record altitude of 13,000 ft (3,964 m) above sea level, in the rarified atmosphere of Namche, Nepal, the village closest to the Mount Everest base camp.
Diane Sarkisian RE/MAX Action Realty 1126 Horsham Road Maple Glen, PA 19002 Office: 215-358-1100 Mobile: 215-872-7147 Fax: 215-358-1129 Diane@DianeSarkisian.com
Diane specializes in client/customer satisfaction. A relentless work ethic as your lifetime Real Estate Consultant, she exceeds all expectations in service and professionalism. "People do not care what you know until they know how much you care."
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