Your Quick Guide to Closing Costs

Julia Young Buying , Real Estate , Real Estate Market Leave a Comment

Your dream home is within reach. You are now officially under contract. You have a great rate with a qualified lender. So, how much should you set aside for closing costs? Closing costs are a collection of various required fees you must pay when buying or refinancing a home. This is a one-time fee paid at closing, which is typically …

What are Closing Costs?

Sunday River Real Estate Buying Leave a Comment

Closing costs are fees that are a part of every real estate transaction, whether you purchase with cash or finance. They are also one of the most commonly misunderstood aspects of buying a home. In the state of Maine, the seller pays for their deed, transfer form, state transfer tax, and typically the commission. The buyer pays for their title …