Everyone’s heard of it! If you haven’t, don’t worry — you’re are going to find out what its all about!  When buying your home, a good chunk of people are surprised about the amount of this final bill. For a transaction, both the buyer and seller incur closing costs and they differ. Let’s see what the buyer’s closing costs are – shall we? What are closing costs? Well, it’s just that — costs associated to closing... [read more]

Sellers have closing costs associated to them.  Both buyers and sellers have different closing costs and each will pay their own respective closing costs.  The respective lawyers will handle making the appropriate payments and will then provide you with one final bill you owe to them. In this post, we’ll take a closer look at the closing costs for a seller.  As a seller, you can expect the following closing costs: 1. Early Mortgage Discharge Penalty This is charged... [read more]