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Closing or Settlement >Closing Costs
If you are in the process of buying a home, you have probably figured out how much you will need for the down payment, but don't forget about the closing costs associated with the purchase of any property. These additional costs can add up to a significant amount.
Closing costs will vary, depending upon the costs of financing your home loan and the time of the month that you close. Your real estate agent will be able to give you an estimate of all these costs, including the points on your loan, private mortgage insurance (if required), the title search, title insurance, attorneys' fees, and any transfer taxes or recording fees changed by local government agencies. There may also be property taxes, homeowners' association fees and insurance that must be prepaid.
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| Q |
What land did the U.S. Government buy for $7.2 million?
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| A |
The U.S. bought all of Russian America (Alaska) from the Russian Czar in March 1867. |
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Bradley E. Arnowitz PA, RPS, CLHMS 1355 Real Estate Associates, Inc. Formally, Re/Max Beach Properties 3301 N.E. 183rd Street, Suite 405 Aventura, FL 33160 24/7: 305.776.6113 Facsimile: 305.402.0707 Brad@ArnowitzProperties.com ClientCare@ArnowitzProperties.com
Re/Max Hall of Fame - Top Residential Team, Florida
Founder, The Institute for Luxury Home Marketing
Renowned Property Specialist
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Voted "Best Local Realtor" Miami Sun Times
Miami Beach Area Council Chair, Realtor Association of Miami & The Beaches 
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