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Closing costs Term Meaning in Real Estate - Guide
Closing costs Term Meaning in Real Estate - Guide
The fees paid at the time of closing of a real estate transaction/deal is called closing cost

The fees paid at the time of closing of a real estate transaction/deal is called closing cost.

Closing of a deal occurs when the title is transferred to the buyer.

Transfer fees, attorney fees etc. make up the closing costs which are either incurred by the buyer or seller.

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