In addition to the agreed purchase price of a property, there are additional expenses involved in completing a real estate transaction. These expenses, known as closing costs, represent the various fees and charges incurred throughout the process and necessary to finalize the sale. Here’s a look at an ALTA Settlement Statement with a clear breakdown of itemized closing costs.

When you start looking at real estate, terms like single-family, condo, multi-family, and townhouse can be confusing. The key is resolving this confusion is to understand ownership boundaries of these real estate categories. This article simplifies the real estate jargon so you could spend less time Googling, and more time finding the space that works for your lifestyle.