Cash Needed at Closing

[Noah Barba]

Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are there any other expenses to note? I've read something about prepaid expenses, but I'm sort of lost in all the real estate lingo. A quick explanation of all the cash expenses need at closing would be so helpful. Thanks so much for your time!