Good Morning America recently had Elisabeth Leamy talk about real estate closing costs. She followed up her appearance with a very informative article, Saving Thousands on Closing Costs. She features the story of some folks who had been overcharged on their closing costs – and specifically which line items had been inflated.
She also outlines the typical line items that comprise a closing cost, describes what they are, and give you a ballpark range of average cost for each line item.
The article is almost the next best thing to having an exclusive buyer agent who will also help you decipher through the language of closing costs, contracts, offers and more.