February 2nd, 2010 9:37 AM by Eric Fang
There are more and more first home buyers now and they may notunderstand what covers the closing cost.
When we said that there is no closing cost for the purchase, usually we mean that we will cover the closing cost for you.For the detail of the clsoing cost for each county,click the link here.
You will still need to pay pre-paid interest(if we close on 20th, then you will pay the rest of the month) and one yearinsurance at the closing. Those two items are recurring items.
The lender will only allow the agents to cover non-recurringclosing costs.