Closing costs are required fees that are paid at the closing of a real estate transaction. The point in time called the “closing” is when the title to the property is conveyed to the buyer. Closing costs are paid by either the buyer or the seller.
About the Author: Vic Joshi
Viral “Vic” Joshi is a native San Francisco Bay Area resident, independent home loan expert and real estate agent, helping home buyers, homeowners, and investors with mortgage loans since 1997. Vic works as an agent with his company, Straight Deal Mortgage, and is still passionate about helping home buyers get the best loan for their circumstances after decades in the business.