10 things you should know about closing costs

By understanding your closing costs, you can make sure you’re not overpaying on the back end of your real estate transaction. Here are 10 things you should know.

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Ways to save at closing
Title charges are the largest chunk of closing costs and can vary by hundreds of dollars.
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What are closing costs?
The real estate closing process involves loan steps, legal steps and title steps.
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What's title insurance?
Insure your legal ownership just like you'd insure the building, but for lots cheaper.
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22. June, 2017 | #

Hi , I need a property survey done just to put up a fence. Do I have to have markers I don't have the money. My town needs it for my permit

20. June, 2017 | #

Hi Jack,
A boundary survey will likely help you determine the proper property lines. However, the adverse possession laws can differ...

20. June, 2017 | #

I have property that on a grade with a 7' tall retaining wall that encroaches onto the adjacent property about 2 feet, for the length of...

19. June, 2017 | #

Hi Mark,
In DC, MD and VA the buyer typically pays for the location survey. However, it is something that could be negotiated between...

17. June, 2017 | #

If a survey is required for the loan to process then who is required to pay for it? I would think the seller must ensure the property...

13. June, 2017 | #

Hi Matthew,
Thank you for your question. We do not offer this service. However, our CEO has provided a referral contact for you:...

13. June, 2017 | #

Hello,

My name is Matt Bottelson.

I have 2 properties (1 residential + 1 [small] commercial) in DC that I am transferring from an...

12. June, 2017 | #

Hi Paul,
What you describe here is, unfortunately, not an uncommon occurrence in the world of clouded title. It is also a perfect...

10. June, 2017 | #

A home is purchased in 1990 and financed at which time the original title company cleared the title. Subsequent to that, the home is...

02. June, 2017 | #

Thoughtful suggestions , I learned a lot from the points . Does someone know where my company can get access to a template Small...