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Max McDaniel Real Estate, LLC
Tag Archives: loan
There are a few things to consider, including cost, individual needs, and what will add value down the road. Also important: your emotional attachment to the existing home. As designer and builder Philip S. Wenz, the author of Adding to a House: Planning, Design & Construction, notes that an addition is much cheaper than building…
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Closing, or settlement, costs are expenses over and above the price of the property. Both the buyer and seller incur some of these expenses when transferring ownership of a property. Who actually pays, however, often depends on local custom and what the buyer or seller negotiates. Closing costs normally include title insurance, loan points, escrow…
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Certainly, once you get past the sticker shock. Closing costs are expensive. They can average between 3 to 5 percent of the total home purchase price. But here are a few ways to save: Haggle with the seller. He may pay all or part of the closing costs based upon type of mortgage buyer selects.…
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