Buyer costs commonly include lender charges, appraisal, inspections, title-related expenses, recording fees, prepaid interest, insurance premiums, escrow deposits, and property-tax adjustments. Condo buyers may also face association application, approval, estoppel, transfer, or capital-contribution charges. The amount varies by loan, price, contract, closing date, and association. Ask your lender for a written Loan Estimate early and ask the closing agent for a preliminary estimate once a property is identified. Confirm who pays each title and settlement expense in the contract rather than relying on a general rule.
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