Yes, it is possible. Closing costs are very expensive. They can average between 2 to 3 percent of the total purchase price of the home. Listed below are a few ways to save:
Yes. The following to-do list can help save you a few headaches and keep the closing on track:
Closing, or settlement, costs are expenses over and above the price of the property. Both the buyer and seller incur some of these expenses when transferring ownership of a property. Who actually pays, however, often depends on local custom and what the buyer or seller negotiates. Closing costs normally include title insurance, loan points, escrow or closing day charges, property taxes, and document fees. The lender provides an estimate of closing costs for prospective homebuyers.