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Category: Real Estate Closing Costs

Twin Cities Closing Costs

Be Prepared for Closing Costs

Posted on December 7, 2020January 20, 2021

Saving for a down payment in preparation for buying a new home is pretty common knowledge. Most mortgages that allowed zero down payments have disappeared except VA & USDA Mortgage Loans. While FHA and VA loans still offer little to no money down, most potential homebuyers will need to save…

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MN Real Estate Closing Costs

What Are Seller Contributions Towards The Buyer’s Closing Costs?

Posted on July 7, 2020February 15, 2021

Whether you’re buying or selling a condo or a home in Minneapolis, St Paul or the surrounding suburbs, you’ll want to know what are the seller contributions towards the buyer’s closing costs.  These contributions can be a powerful incentive for selling a property because closing costs can add up very…

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MN Real Estate Closing Process

What is real estate closing costs?

Posted on July 7, 2020October 27, 2020

Real estate closing costs are fees paid at the time of closing in addition to a down-payment. The closing fees can vary depending if you are paying cash or using a mortgage to purchase a real property. The buyer’s closing fees can be anywhere from 3.0% to 6.0% of the…

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