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Real Estate Tips
Closing or Settlement >Closing Costs

If you are in the process of buying a home, you have probably figured out how much you will need for the down payment, but don't forget about the closing costs associated with the purchase of any property. These additional costs can add up to a significant amount.

Closing costs will vary, depending upon the costs of financing your home loan and the time of the month that you close. Your real estate agent will be able to give you an estimate of all these costs, including the points on your loan, private mortgage insurance (if required), the title search, title insurance, attorneys' fees, and any transfer taxes or recording fees changed by local government agencies. There may also be property taxes, homeowners' association fees and insurance that must be prepaid.

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Real Estate Trivia
Q 
The smallest of Canada's 1000 Islands shares a name with a fairy tale hero. What is it?

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Tom Thumb
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Joe White and Janice Reid, REALTOR®, real estate agent and broker for Celebration, Kissimmee and Orlando, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Joe White and Janice Reid
CENTURY 21 Real Estate Professionals

720 Celebration Ave., Suite 100
Celebration, FL 34747
Direct: 407-319-8357
Fax: 407-566-8511
JoeWhite@NUMBER1EXPERT.com

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