Tag

financing

Buying, Research

What are Closing Costs & Who Pays Them?

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.

Building, Buying, Research

When is Down Payment Due for New Construction Home

What can be more exciting than being able to design your new home, select the exterior and interior materials and finishes and then watch your dream home take shape before your eyes? Before starting on this exciting process, it’s a good idea to get educated on the financial aspects of buying a new construction home.