What You Need to Know About Real Estate Transfer Fees
Real estate transfer fees are one of several costs paid at closing. What is this fee, who pays it and how much is it? The government’s cut of the fee Typical costs paid at closing by the seller or buyer include title insurance, agent commissions, attorney’s fees and more. About two-thirds of states also include […]
Keep These Closing Documents When You Buy a Home
When you close on the purchase of a house, it seems the stream of documents will never end. Closings can easily involve 100 pages of records. It’s a fact that, for most people, their home is their biggest investment. That’s why homeowners should keep important closing documents. After the writer’s cramp eases, what do you […]
Simplified Loan Statements Make Choices More Clear
If you haven’t bought a home in recent years, the paperwork you’ll be confronted with will look a little different this time around. That’s because of new regulations put in place following the 2008 financial crisis. Under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), the decades-old Good Faith Estimate and […]