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Acronyms that contain the term closing costs
What does closing costs mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: closing costs.
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What does closing costs mean?
- Closing costs
- Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the seller.
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