Now is the time for the big step of making the purchase. This is the part of the process that can seem the most confusing yet also the most exciting. Obtain an estimate of closing cost through your lender. Closing costs cover the amount of money you pay to close a mortgage loan, aside from the down payment. The closing cost fees are generally placed into one of three categories:
One of the final steps in purchasing your dream home is signing the sales documents and disclosures. This is where everything becomes “signed, sealed and delivered” and you become an official homeowner.
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