Browsing Tag

closing costs

  • Buyers

    What is Prepaid Interest?

    When you are at the closing of a real estate transaction you may hear the term “prepaid interest.” Here is what it means… Prepaid interest charges are charges due at closing for…

  • Sellers

    Typical Closing Costs Paid by Sellers

    When selling your home, here are common closing costs to keep in mind that will affect your net proceeds. The REALTOR® commission – typically a percentage of the sale price. The…

  • Buyers

    Typical Closing Costs Paid by Buyers

    Closing costs are fees buyers often pay related to the purchase of a home. Typical closing costs include things like: Mortgage origination fees or loan discount points paid to a lender.…