What Fees Are Associated With Buying a Home?

For many, purchasing a home can be a very exciting time in their lives. Understandably, many find out that the process of purchasing a home is a little more daunting than they expected it to be. Perhaps the most frustrating thing about the home-buying process is finding out exactly how much you're going to pay for the home. Many want to know how much they're going to pay in order to figure out their monthly payments. Therefore, the following list includes some of the most common fees associated with buying a home. 

Title Fee

After everything is set and done, you are going to receive what is called a deed from the previous owner. This is a document that is handed to you to legally transfer the property…

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How Much Cash Do You Need in Reserve When Buying a Home?

Purchasing a home can be both an exciting and a daunting experience, especially for those already worried about the end price. This is why so many real estate experts and those who've purchased a home before will tell you to have a certain amount of money in reserve. But how much do you really need to save up? Here are a few factors that occur during the buying process that determine that number and how much you should have readily available. 

What Exactly Is a Cash Reserve?

A cash reserve is essentially liquid assets that you have left over after you've paid your down payment and any closing costs associated with the deal. These assets can be anything from property that can quickly turn…

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