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: Viral "Vic" Joshi
Viral (pronounced like "virile") "Vic" Joshi is an independent California Home loan expert and licensed real estate agent who has been guiding home buyers through the mortgage loan process for over 20 years. Vic is an agent with the Straight Deal Mortgage, offering preferred access to virtually any mortgage loan product available. He is a proud San Francisco Bay Area native, a certified Rescue Scuba Diver and a loyal Warriors fan. Learn more about Vic here or connect on LinkedIn.