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Who Pays for Closing Costs When You Buy a Home?
Manage episode 407082950 series 3557577
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Closing costs are expenses related to obtaining a mortgage and closing a home purchase or refinance. They’re separate from the sale price of the property. Are you buying or selling a home and wondering who pays closing costs? Both buyers and sellers are expected to pay their share. If you’re a borrower, how much you pay depends on your mortgage type and where you live. IMPORTANT LINKS TO CONSIDER: Mortgage Calcuator
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