Closing costs are mandatory fees buyers pay in order to close on their homes.
Application Fee
Appraisal
Attorney Fee
Closing Fee or Escrow Fee
Courier Fee
Credit Report
Deposit for Property Taxes & Mortgage Insurance
FHA Up-Front Mortgage Insurance Premium
Flood Determinations Life of Loan Coverage
Home Inspection
Home Owners Association Transfer Fees
Homeowners’ Insurance
Lender’s Policy Title Insurance
Lead-Based Paint Inspection
Loan Discount Points
Owner’s Policy Title Insurance
Origination Fee
Pest Inspection
Prepaid Interest
Private Mortgage Insurance (PMI)
Property Tax
Recording Fees
Survey Fee
Title Company Title Search
Exam Fee
Transfer Taxes
Underwriting Fee
VA Funding Fee
The good news? By negotiating sellers to pay for closing costs instead…