What Exactly Do Closing Costs Cover?
From Realtor® Magazine, Jan 17, 2020 A home costs more than just the sale price. For example, closing costs—which make up about 2% to 5% of the home’s purchase price—are a major added expense. Michael Hyman, a research data specialist at the National Association of REALTORS®, shares the charges that make up closing costs in a post at the association's Economists’ Outlook blog so that home buyers can be prepared. Lenders provide a Closing Disclosure at least three business day