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What’s Included in Closing Costs?

PennyMac

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. If you’re signing paper documents, they’ll need to be transported, and the courier fee will be what pays for that to be expedited. The agency will use the data from the inspection to plan for flooding emergencies.

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New Homes vs. Old Homes: Which Is Right For You?

PennyMac

HOA fees can range from $200-$400 per month — and that's not to mention the strict rules that come along with the privilege, like having someone tell you what color your house can be painted and when to mow your lawn. This can lead to an increase in commute time and/or more money you'll need to shell out for public transportation.

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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

It’s also important to understand the legal requirements of owning real estate—lead paint inspections, rental registration, accounting, receipts for payments, written leases, liability insurance, renter’s insurance, tenant screening including criminal and credit checks, fair housing laws, and much much more. Never sell real estate.