Most buyers are know the term “down payment” and are aware they will need some savings in order to purchase a home. But there are other upfront cost associated with buying a home. These costs include: title insurance, lender fees, escrow accounts for taxes, transfer taxes and settlement fees. Added up they can cost up to 6% of the purchase price of the home. “Seller assist” is a feature of mortgage loans that is used to help the buyers to mortgage a portion of these closing costs...
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