1.0Movoto Bloghttps://www.movoto.com/blogMovoto Editorial Teamhttps://www.movoto.com/blog/author/revans/Your Guide to Closing Costsrich600338<blockquote class="wp-embedded-content" data-secret="kUjGVbvRST"><a href="https://www.movoto.com/blog/ultimate-homebuyers-guide-closing-costs/">Your Guide to Closing Costs</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.movoto.com/blog/ultimate-homebuyers-guide-closing-costs/embed/#?secret=kUjGVbvRST" width="600" height="338" title="“Your Guide to Closing Costs” — Movoto Blog" data-secret="kUjGVbvRST" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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On top of your deposit, you’ll be responsible for closing costs (unless you and the seller negotiated an alternative). Your closing costs cover all the incidentals that go into carrying out this transaction. This includes appraisals, points (if you choose to buy points), title insurance, and underwriting. What makes up closing costs? Credit report fee – fee for running a credit report Loan origination fee – fee for processing a new loan application Attorney fees – fee for the lender’s lawyer Charges for any inspection – inspector’s fees Discount points – if you purchased discount points on your loan Appraisal […]https://www.movoto.com/foundation/wp-content/uploads/2016/05/Closing-Costs_banner.jpg