An article in the week.com highlights how the escrow period can be stressful when an offer has been accepted but the moment of moving in is still a long way off. However, the article outlines several ways to make this time less stressful.
Real Estate By The Numbers – Understanding Closing Costs
Closing costs are those costs associated with the purchase of a home or investment property. They are paid “at the closing of escrow”. For the typical home buyer who is purchasing a home to live in, the majority of the closing costs are usually related to the loan.