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Real Estate Tips
Closing or Settlement >Closing Costs

If you are in the process of buying a home, you have probably figured out how much you will need for the down payment, but don't forget about the closing costs associated with the purchase of any property. These additional costs can add up to a significant amount.

Closing costs will vary, depending upon the costs of financing your home loan and the time of the month that you close. Your real estate agent will be able to give you an estimate of all these costs, including the points on your loan, private mortgage insurance (if required), the title search, title insurance, attorneys' fees, and any transfer taxes or recording fees changed by local government agencies. There may also be property taxes, homeowners' association fees and insurance that must be prepaid.

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Real Estate Trivia
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Jason Daniels, REALTOR®, real estate agent and broker for Colorado Springs, Monument and Woodland Park, Colorado home listings, property and land for sale

Jason Daniels
RE/MAX Advantage Realty Inc

5590 North Academy Blvd.
Colorado Springs, CO 80918
719-268-8086
Fax: 719-548-5040
jasondaniels@BestImageAgent.com


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