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Updated about 4 years ago,
Are these closing costs too high?
Hello,
I am looking to close on my first property and I just got the paperwork to sign from the lender & the closing costs are about 10% of purchase price(not loan amount).
I know typically the closing costs are a lot lower.
What do guys think?
Purchase price: 80k
Loan amount: 60k
Total closing costs: $8,599