Closing costs, have you heard of them?
When selling or buying a home, closing costs are involved to complete the real estate transaction. If you are the seller of the home, you will need to pay both legal fees and realtor fees and if you are the buyer you are responsible for the land transfer tax, property tax and some legal fees as well. Each transaction is different and the closing costs will depend on the situation. To avoid big surprises regarding these costs, watch the above video to see what may apply to you.
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