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CHAPTER   4

Closing Costs

If you haven’t guessed already, there are closing costs when you buy a home. In fact, there are lots of them, many with names that you’ve never even heard of. There are definite ways to save on closing costs, however. Some of those ways your lender will tell you about. Others you have to ask for.

CONFIDENTIAL: Recurring Closing Costs Are Nonnegotiable; Nonrecurring Closing Costs Can Be Negotiable.

There are two types of fees when buying a home:

  1. Recurring
  2. Nonrecurring

Recurring closing costs are costs that will occur again on the same loan. Recurring closing costs are things like a home insurance policy and property ...

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