Buy Your First Home in Massachusetts: 15 Questions Answered
Realty Biz
APRIL 8, 2024
Answer: Closing costs are fees for finalizing the mortgage, including appraisal fees, title insurance, and more. They typically range from 1% to 3% of the loan amount. They are the costs of obtaining a home mortgage, including title search, origination fees, municipal lien certificate, legal fees, recording fees, and more.
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