A survey done for ClosingCorp found that some first-time homebuyers were unaware that closing costs were required. More than half of survey respondents said their costs changed or were revised prior to closing.
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Homebuyers surprised by closing costs
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Industry News, Market Data
Friday, February 17, 2017
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A survey done for ClosingCorp found that some first-time homebuyers were unaware that closing costs were required.
More than half of survey respondents said their costs changed or were revised prior to closing, despite the aim of the new TILA-RESPA Integrated Disclosure (TRID) forms to prevent surprises on closing costs changing late in the homebuying process.
Read on learn what’s surprising homebuyers about the cost of their home.
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