Closing Costs - What You Should Know

​Closing costs

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Cash out of pocket associated with the closing of a real estate transaction. ​​

The most common question we receive during a closing process from a buyer or a seller, is: How much are closing costs?

There is never a perfect answer to that question. These costs vary greatly depending on the type of mortgage, the attorney's fees, the price and size of the home, and with the lender (and your state/town/county). They can range from 2% to 5% of the purchase price of the property for buyers, and upwards of 5-7% for sellers.

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