| Buyer
Information - Closing Costs
1.
Purchase Tax
2. Insurance
3. Other Taxes
4. Legal Costs
5. Fees
6. Other Costs
Before
Your New Home Purchase.
The
cost of borrowing money to purchase a new home is at the lowest
it has been in decades.
However,
there are last minute costs such as taxes, legal fees, appraisal
fees, moving expenses and house insurance to pay before you are
in your new home.
These
are know as "closing costs"
and there are some that you simply cannot avoid or lessen, as they
are legally required and often are fixed at a particular rate or
charge.The time to budget for those "end" expenses is
now. You must be prepared to pay most and perhaps all of them before
your purchase is closed.
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