Reducing your closing costs doesn’t just save you money, it can save you time as well, allowing you to start moving, living, and enjoying your new home sooner.
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Reducing your closing costs doesn’t just save you money, it can save you time as well, allowing you to start moving, living, and enjoying your new home sooner.
So, what exactly are closing costs? At their most basic level, they’re a bundle of fees that are due on the day a property sale closes – basically any expense other than the down payment. Closing costs can be paid by the buyer, seller, or both, and legally must be disclosed and agreed on in advance before the purchase can be completed.