What are Buyer Closing Costs in Real Estate?

First-time buyers often feel shocked and disappointed when they first learn the term "closing costs." It can be well into their house-hunting journey that they discover they may fall short by thousands of dollars when it's time to close the deal and take ownership of their home. You won't just need an earnest money deposit and down payment. You'll also be responsible for additional fees associated with the transaction. Here's what you need to know about closing costs for buyers.

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