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2021 Massachusetts Closing Cost Guide

2021 Massachusetts Closing Cost Guide

Massachusetts comes steeped in American history and packed with New England charm, so it's easy to see why people want to buy a home here. Are you a home buyer about to close your deal in the Bay State? While you may have gotten a competitive interest rate for a mortgage and saved for the down payment, there's another major hurdle you'll need to overcome: paying closing costs. Closing costs encompass all administrative and legal services you will need to pay for before you receive the keys to your new home. You pay these costs in a lump sum on…
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Louisiana Closing Cost Guide 2021

Louisiana Closing Cost Guide 2021

With its world-renowned Creole cuisine, live music and incredible festivals, and stunning scenery from the southern swamp to rolling hills in the north, it's hard to beat life in Louisiana. If you're a homebuyer putting down roots in Pelican State, make sure you're saving not only for your new home down payment, but also for closing costs. While saving on the down payment is at the forefront of homebuyers' minds, closing costs are what often fall by the wayside. A 2017 survey found that 35 percent of Americans are surprised by how expensive they are. Another 17 percent didn't even…
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Kansas Closing Cost Guide 2021

Kansas Closing Cost Guide 2021

You've earned a competitive interest rate on a mortgage, saved for the down payment, and are ready to callĀ KansasĀ home. But there's one more expense to consider: closing costs. Closing costs encompass all administrative and legal services you will need to pay for before you receive the keys to your new home. For convenience, you pay these costs in a lump sum on closing day and typically amount to 2 percent to 5 percent of the home's purchase price. Closing costs are paid along with your down payment. If you're buying a new home in Kansas, NewHomes here has put together…
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