McAndrew "Drew" Okwei
Coldwell Banker Realty 732.470.0775 908.874.8421
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Closing Costs & Service Fees Buyers Should Expect

Closing Costs & Service Fees - What You Should Expect to Pay Non-Recurring Closing Costs Associated with the Lender Appraisal fee: cost varies. The property being appraised is collateral for your mortgage so the lender will want to verify that the property’s value is comparable to similar property based on recent sales in your area. Credit Report: $7-$60. The lender naturally wants to verify your good (or acceptable) credit rating. Flood certification fee: cost varies. The certification verifies whether your property is in a federally designated flood zone. Flood monitoring: cost varies. This service monitors your property if and when flood zones are remapped. Lender’s Inspection fee: co…
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