Real Estate Closing Costs
Most home loans have fees. You can sometimes borrow the money need to cover these fees, but that will obviously increase the overall amount of debt you undertake. Some fees are paid up front, and others are not due until closing. Typically, you will be charged for these kinds of fees at closing:
- Application fees
- Title examination
- Abstract of title fees
- Title insurance premiums
- Property survey fees
- Deed preparing fees
- Other mortgage fees
- Settlement documents
- Attorney fees
- Recording fees
- Notary fees
- Appraisal fees
- Credit report fees
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