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If you’re currently going through the mortgage process, do you have money set aside for your closing costs?

Closing costs are one-time fees associated with mortgages and property purchase transactions that cannot be include in the mortgage.

Closing costs are generally provided by the buyer for payment before the home purchase or mortgage is finalized. Here are a few closing costs to be prepared for:

➡️ Legal Fees
➡️ Property transfer tax
➡️ Home inspection
➡️ Appraisal fees
➡️ Moving expenses

Not all costs apply in all circumstances, but these are some of the most common. Reach out for more information on closing costs, and what costs apply in your situation.